NEW YORK ( TheStreet) -- Shares of China Marine Food Group (AMEX: CMFO) have taken a tremendous swing upward. The stock is trading at $4.62 as of 10:51 a.m. ET, 20.3% above Wednesday's closing price of $3.84. Volume is at 792,669, 4.4 times the daily average of 181,900.

China Marine Food Group has a market cap of $108.5 million and is part of the consumer goods sector and food & beverage industry. Shares are down 28.9% year to date as of the close of trading on Wednesday.

China Marine Food Group Limited, through its subsidiaries, engages in processing, distributing, and selling processed seafood products in the People's Republic of China. The company has a P/E ratio of 5.7, above the average food & beverage industry P/E ratio of 5.3 and below the S&P 500 P/E ratio of 21.5.

TheStreet Ratings rates China Marine Food Group 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 compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full China Marine Food Group Ratings Report.

See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center.
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