The food & beverage industry closed the day down 2.5%. Feihe International Inc ( ADY), 57th Street General Acquisition ( CRMB), Le Gaga Holdings ( GAGA), and Sanderson Farms Inc ( SAFM) were all winners today within the food & beverage industry with China Marine Food Group ( CMFO) being today's featured food & beverage winner. China Marine Food Group rose 4 cents (2.3%) to $1.79 on light volume. Throughout the day, 29,821 shares of China Marine Food Group exchanged hands as compared to its average daily volume of 79,900 shares. China Marine Food Group Limited, through its subsidiaries, engages in processing, distributing, and selling processed seafood-based snack foods in the People's Republic of China. China Marine Food Group has a market cap of $51.1 million and is part of the consumer goods sector. The company has a P/E ratio of 2.9, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 68.1% year to date as of the close of trading on Tuesday. TheStreet Ratings rates China Marine Food Group 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.
Shares of China Marine Food Group (AMEX:CMFO) have taken a tremendous swing upward. The stock is trading at $1.72 as of 3:55 p.m. ET, 20.3% above Monday's closing price of $1.43. Volume is at 226,852, 3.3 times the daily average of 68,200.
Shares of China Marine Food Group (AMEX:CMFO) have taken a tremendous swing upward. The stock is trading at $3.02 as of 9:31 a.m. ET, 24.8% above Tuesday's closing price of $2.42. Volume is at 6,626, zero times the daily average of 138,100.