NEW YORK ( TheStreet) -- Shares of Yongye International (Nasdaq: YONG) were gapping up Tuesday morning with an open price 11.2% higher than Monday's closing price. The stock closed at $4.01 Monday and opened today's trading at $4.46. The average volume for Yongye International has been 946,300 shares per day over the past 30 days. Yongye International has a market cap of $212.3 million and is part of the basic materials sector and chemicals industry. Shares are down 52.3% year to date as of the close of trading on Monday. Yongye International, Inc., together with its subsidiaries, engages in the research, development, manufacture, and sale of fulvic acid based liquid and powder nutrient compounds for plants and animals, which are used in the agriculture industry in the People's Republic of China. The company has a P/E ratio of 3.9, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Yongye International 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 notable return on equity. 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 Yongye International 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.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Markets
Why Nike's Letter on Tariffs Won't Change President Trump's Mind
Nike, Under Armour, JC Penney and other athletic apparel and shoemakers penned a letter to President Trump late Monday asking the administration to reconsider tariffs placed on footwear made in China.
PPG Industries Rises After Saying It Will Stick With Current Strategy
PPG concludes its current portfolio gives it the best opportunity to capture value on a long-term basis.
Dycom Shares Soar After Beating Earnings Estimates
Dycom sees a big opportunity ahead.
Breaking Down Home Depot, Nike's Letter to Trump and a Retail Roundup - Video
Jeff Marks, senior portfolio analyst at Action Alerts PLUS, weighs in on Home Depot, J.C. Penney, Kohl's and TJX earnings and Nike's letter to the White House.
DowDuPont Up as Specialty Products Division Guidance Reaffirmed
Chief Executive Ed Breen is set to reaffirm guidance for the specialty products business for the second quarter and year, as well as a $2 billion stock repurchase program.