NEW YORK (TheStreet) -- Freshpet (FRPT) - Get Report  stock is up 7.39% to $7.56 on heavy trading volume on Thursday after the company reported its 2015 fourth quarter results. 

After the market close on Wednesday, the Secaucus, NJ-based pet food manufacturer reported earnings of 8 cents per share, while analysts were expecting a loss of 2 cents per share. 

Revenue of $30.2 million was in-line with Wall Street forecasts.

"We generated solid annual top-line growth and doubled our adjusted EBITDA," CEO Richard Thompson said in a statement. "At the same time, we made operational investments across our manufacturing and supply chain to better position us to achieve greater leverage across our business model and enhance long-term shareholder value." 

So far today, 1.79 million shares of Freshpet have traded, versus the company's 30-day average of about 409,000 shares. 

Separately, recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rates this stock as a "sell" with a ratings score of D-. This is driven by a few notable weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The area that we feel has been the company's primary weakness has been its poor profit margins.

You can view the full analysis from the report here: FRPT

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