China Sunergy Stock Gaps Up On Today's Open (CSUN)
Shares of China Sunergy (Nasdaq:CSUN) were gapping up Thursday morning with an open price 11.1% higher than Wednesday's closing price. The stock closed at $3.96 yesterday and opened today's trading at $4.40.
NEW YORK ( TheStreet) -- Shares of China Sunergy (Nasdaq: CSUN) were gapping up Thursday morning with an open price 11.1% higher than Wednesday's closing price. The stock closed at $3.96 Wednesday and opened today's trading at $4.40. The average volume for China Sunergy has been 236,900 shares per day over the past 30 days. China Sunergy has a market cap of $182.6 million and is part of the technology sector and electronics industry. Shares are down 5.3% year to date as of the close of trading on Wednesday. China Sunergy Co., Ltd., together with its subsidiaries, engages in the design, development, manufacture, and sale of solar cells. The company has a P/E ratio of 16.4, above the average electronics industry P/E ratio of 1.7 and above the S&P 500 P/E ratio of 16. TheStreet Ratings rates China Sunergy 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 find that the company's profit margins have been poor overall. You can view the full China Sunergy 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.