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. See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center. Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting SOAR to 95370 or select from multiple alert options.
HOST // Robert Powell
Retirement Planning Event
More from Markets
Bears Unable to Build Momentum Off Yield Curve Issue
At this juncture the action is looking like nothing more than a routine pullback of an extended market.
Why Levi's Is Partnering With Amazon to Become a Denim King
Levi's CFO discusses its partnership with Amazon, how it's being impacted by tariffs, and how denim stacks up against the rise of athleisure.
Jim Cramer: Blockbuster Ideas That I Know Would Move Apple's Needle
What would the people who help determine AAPL's stock price really want?
Stay Away Until May After Thai Vote Keeps Military in Power
Thailand's elections has done little to clear away any of that fog obscuring investors' vision.
As Recession Signs Emerge, Federal Reserve Could Turn Even More Dovish
The Federal Reserve, led by Chairman Jerome Powell, said last week it will hold interest rates steady while waiting for signs that the economy is stabilizing. But traders and economists at Bank of America say the Fed could loosen monetary conditions more than previously expected, leading to an acceleration in growth and a reversal of a growing number of recent indicators pointing to recession.