Summer Infant Stock Soars (SUMR)
NEW YORK (
) -- Shares of
(Nasdaq:
) have taken a tremendous swing upward. The stock is trading at $5.97 as of 1:15 p.m. ET, 24.4% above Monday's closing price of $4.80. Volume is at 249,150, 3.6 times the daily average of 69,800.
Summer Infant has a market cap of $100.2 million and is part of the
sector and
industry. Shares are down 31.8% year to date as of the close of trading on Monday.
Summer Infant, Inc., through its subsidiaries, engages in the design, marketing, and distribution of branded juvenile health, safety, and wellness products to retailers primarily in North America and the United Kingdom. The company has a P/E ratio of 18.6, below the average consumer non-durables industry P/E ratio of 27.4 and above the S&P 500 P/E ratio of 17.7.
TheStreet Ratings rates Summer Infant as a
TheStreet Recommends
. The company's strengths can be seen in multiple areas, such as its robust 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 a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. You can view the full
.
See our
for other stocks that are soaring today, or get investment ideas from our
.
Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting
SOAR
to 95370 or select from
.
null
