NEW YORK ( TheStreet) -- Shares of QKL Stores (Nasdaq: QKLS) have taken a tremendous swing upward. The stock is trading at $1.88 as of 12:02 p.m. ET, 25.3% above Friday's closing price of $1.50. Volume is at 44,348, 0.6 times the daily average of 76,900.

QKL Stores has a market cap of $47.8 million and is part of the services sector and retail industry. Shares are down 57.7% year to date as of the close of trading on Friday.

QKL Stores Inc., through its subsidiaries, operates retail chain stores in the Peoples Republic of China. It operates a regional supermarket chain that includes supermarkets, hypermarkets, and department stores in northeastern China and Inner Mongolia. The company has a P/E ratio of 7.3, below the average retail industry P/E ratio of 7.7 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates QKL Stores as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, a generally disappointing performance in the stock itself and poor profit margins. You can view the full QKL Stores Ratings Report.

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