NEW YORK ( TheStreet) -- Shares of CNinsure (Nasdaq: CISG) were gapping up Monday morning with an open price 29.3% higher than Friday's closing price. The stock closed at $13.16 Friday and opened today's trading at $17.02. The average volume for CNinsure has been 609,000 shares per day over the past 30 days. CNinsure has a market cap of $661.2 million and is part of the financial sector and insurance industry. Shares are down 23.9% year to date as of the close of trading on Friday. CNinsure Inc., together with its subsidiaries, provides insurance brokerage and agency services, and insurance claims adjusting services in the People's Republic of China. The company has a P/E ratio of 10.1, equal to the average insurance industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates CNinsure 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 find that the stock has had a generally disappointing performance in the past year. You can view the full CNinsure 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.