NEW YORK ( TheStreet) -- Shares of L & L Energy (Nasdaq: LLEN) were gapping up Monday morning with an open price 23.1% higher than Friday's closing price. The stock closed at $3.42 Friday and opened today's trading at $4.21. The average volume for L & L Energy has been 544,100 shares per day over the past 30 days. L & L Energy has a market cap of $105.9 million and is part of the basic materials sector and metals & mining industry. Shares are down 68.3% year to date as of the close of trading on Friday. L & L Energy, Inc., through its subsidiaries, engages in coal mining, clean coal washing, coal coking, and coal wholesaling businesses in the People's Republic of China. The company's coal products include washed coal and metallurgical coke used primarily for steel manufacturing. The company has a P/E ratio of 2.7, equal to the average metals & mining industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates L & L Energy as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, unimpressive growth in net income and poor profit margins. You can view the full L & L Energy 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.