NEW YORK (

TheStreet

) -- Shares of

Yongye International

(Nasdaq:

YONG

) were gapping up Monday morning with an open price 14.1% higher than Friday's closing price. The stock closed at $4.88 Friday and opened today's trading at $5.57.

The average volume for Yongye International has been 834,600 shares per day over the past 30 days. Yongye International has a market cap of $270.1 million and is part of the

basic materials

sector and

chemicals

industry. Shares are down 41.9% year to date as of the close of trading on Friday.

Yongye International, Inc., together with its subsidiaries, engages in the research and development, manufacturing, and distribution of fulvic acid based liquid and powder nutrient compounds for plant and animal feed used in the agriculture industry in the People's Republic of China. The company has a P/E ratio of 5.2, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 16.8.

TheStreet Ratings rates Yongye International as a hold. 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 notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full

Yongye International Ratings Report

.

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