NEW YORK (
) -- Shares of
) were gapping up Wednesday morning with an open price 27.3% higher than Tuesday's closing price. The stock closed at $4.77 Tuesday and opened today's trading at $6.07.
The average volume for Orient has been 224,100 shares per day over the past 30 days. Orient has a market cap of $93.9 million and is part of the
industry. Shares are down 25% year to date as of the close of trading on Tuesday.
Orient Paper, Inc., through its subsidiary, Hebei Baoding Orient Paper Milling Company Limited, engages in the production and distribution of paper and paper products in the People's Republic of China. The company has a P/E ratio of 6.4, above the average consumer non-durables industry P/E ratio of 6.3 and below the S&P 500 P/E ratio of 16.
TheStreet Ratings rates Orient as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and poor profit margins. You can view the full
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