NEW YORK ( TheStreet) -- Shares of China Sunergy (Nasdaq: CSUN) have taken a tremendous swing upward. The stock is trading at $2.19 as of 2:51 p.m. ET, 21% above Tuesday's closing price of $1.81. Volume is at 913,456, 3.3 times the daily average of 274,900.

China Sunergy has a market cap of $73.9 million and is part of the technology sector and electronics industry. Shares are down 56.7% year to date as of the close of trading on Tuesday.

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 1.3, above the average electronics industry P/E ratio of 0.8 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates China Sunergy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and generally poor debt management. You can view the full China Sunergy Ratings Report.

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