NEW YORK (

TheStreet

) -- Shares of

Zhongpin

(Nasdaq:

HOGS

) were gapping up Monday morning with an open price 15.3% higher than Friday's closing price. The stock closed at $9.50 Friday and opened today's trading at $10.95.

The average volume for Zhongpin has been 522,400 shares per day over the past 30 days. Zhongpin has a market cap of $349.1 million and is part of the

consumer goods

sector and

food & beverage

industry. Shares are down 52.3% year to date as of the close of trading on Friday.

Zhongpin Inc. engages in the processing and distribution of meat and food products primarily in the People's Republic of China. The company has a P/E ratio of 4.6, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Zhongpin as a

hold

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins, a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full

Zhongpin Ratings Report

.

Get more investment ideas from our

investment research center

.

Interested in other stocks that are gapping up? Get free SMS text alerts sent to you when the action happens by texting

UP

to 95370 or select from

multiple alert options

.

null