NEW YORK ( TheStreet) -- Shares of Acorn International (NYSE: ATV) have taken a tremendous swing upward. The stock is trading at $5.12 as of four p.m. ET, 21.3% above Wednesday's closing price of $4.22. Volume is at 19,957, 2.5 times the daily average of 8,000.

Acorn International has a market cap of $122.4 million and is part of the services sector and retail industry. Shares are unchanged year to date as of the close of trading on Wednesday.

Acorn International, Inc., an integrated multi-platform marketing company, operates TV direct sales businesses and a nationwide off-TV distribution network. Its TV direct sales platform consists of airtime purchased from national and local channels.

TheStreet Ratings rates Acorn 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 solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. You can view the full Acorn International Ratings Report.

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