NEW YORK ( TheStreet) -- Shares of China Marine Food Group (AMEX: CMFO) were gapping up Friday morning with an open price 13.9% higher than Thursday's closing price. The stock closed at $3.88 Thursday and opened today's trading at $4.42. The average volume for China Marine Food Group has been 226,300 shares per day over the past 30 days. China Marine Food Group has a market cap of $120.3 million and is part of the consumer goods sector and food & beverage industry. Shares are down 26.1% year to date as of the close of trading on Thursday. China Marine Food Group Limited, through its subsidiaries, engages in processing, distributing, and selling processed seafood-based snack foods in the People's Republic of China. The company has a P/E ratio of 5.7, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 16. 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 impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, poor profit margins and a generally disappointing performance in the stock itself. You can view the full China Marine Food Group 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.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Markets
Prime Time Sale: Subscribe to Real Money to Become a Smarter Investor and Save
Sign up for our premium site Real Money during our special sale and get 76% off.
JPMorgan Is Seeing Profit-Taking Tuesday Following Its Q2 Earnings Numbers
Let's check out the charts and indicators.
US Retail June Sales Rise 0.4%, Faster Than Forecast, as Consumers Flex Muscles
Retail sales rise by 0.4% in June, a government report shows. Economists had projected an increase of 0.2% from May levels.
Markets' Health, Facebook Libra Hearings, Trading Match Group: Market Recon
For those trading the FANG or FAANG names, and especially Facebook, Tuesday sets up as a day bearing exceptional levels of headline risk.