NEW YORK ( TheStreet) -- Longwei Petroleum Investment Holding Limite (AMEX: LPH) has been upgraded by TheStreet Ratings from hold to buy. 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, notable return on equity, attractive valuation levels and good cash flow from operations. We feel these strengths outweigh the fact that the company shows low profit margins. Longwei Petroleum Investment Holding Limited, through its subsidiaries, engages in transporting, marketing, and selling finished petroleum products in the People's Republic of China. It purchases diesel, gasoline, fuel oil, and kerosene from various petroleum refineries. The company has a P/E ratio of 7.4, below the average wholesale industry P/E ratio of 8.4 and below the S&P 500 P/E ratio of 23.4. Longwei Petroleum Investment Holding Limite has a market cap of $259.5 million and is part of the services sector and wholesale industry. Shares are down 3.1% year to date as of the close of trading on Tuesday. You can view the full Longwei Petroleum Investment Holding Limite Ratings Report or get investment ideas from our investment research center.
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