SkyPeople Fruit Juice Stock Gaps Up On Today's Open (SPU)
Shares of SkyPeople Fruit Juice (Nasdaq:SPU) were gapping up Tuesday morning with an open price 16% higher than Monday's closing price. The stock closed at $3.24 yesterday and opened today's trading at $3.76.
NEW YORK ( TheStreet) -- Shares of SkyPeople Fruit Juice (Nasdaq: SPU) were gapping up Tuesday morning with an open price 16% higher than Monday's closing price. The stock closed at $3.24 Monday and opened today's trading at $3.76. The average volume for SkyPeople Fruit Juice has been 210,800 shares per day over the past 30 days. SkyPeople Fruit Juice has a market cap of $82.2 million and is part of the consumer goods sector and food & beverage industry. Shares are down 30.2% year to date as of the close of trading on Monday. SkyPeople Fruit Juice, Inc., through its subsidiaries, produces and sells fruit juice concentrates, fruit beverages, and other fruit related products. The company has a P/E ratio of 3.5, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.1. TheStreet Ratings rates SkyPeople Fruit Juice 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 attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, weak operating cash flow and feeble growth in the company's earnings per share. You can view the full SkyPeople Fruit Juice 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.