) -- Shares of

Perfect World



) have taken a tremendous swing upward. The stock is trading at $22.45 as of 9:43 a.m. ET, 20.8% above Monday's closing price of $18.59. Volume is at 637,716, 0.9 times the daily average of 674,200.

Perfect World has a market cap of $886.5 million and is part of the


sector and

computer software & services

industry. Shares are down 22.3% year to date as of the close of trading on Monday.

Perfect World Co., Ltd., through its subsidiaries, engages in the research, development, operation, and licensing of online games primarily in the People's Republic of China, the United States, and the Rest of Asia. The company has a P/E ratio of 7.3, above the average computer software & services industry P/E ratio of 4.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Perfect World as a

TheStreet Recommends


. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, a generally disappointing performance in the stock itself and feeble growth in the company's earnings per share. You can view the full

Perfect World Ratings Report


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