NEW YORK ( TheStreet) -- Shares of Zhongpin (Nasdaq: HOGS) have taken a tremendous swing upward. The stock is trading at $10.40 as of 1:40 p.m. ET, 20.4% above Wednesday's closing price of $8.64. Volume is at 670,670, 1.3 times the daily average of 527,900. Zhongpin has a market cap of $349.1 million and is part of the consumer goods sector and food & beverage industry. Shares are down 57.6% year to date as of the close of trading on Wednesday. Zhongpin Inc. engages in the processing and distribution of meat and food products primarily in the People's Republic of China. The company has a P/E ratio of 4.6, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Zhongpin as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including poor profit margins, a generally disappointing performance in the stock itself and disappointing return on equity. You can view the full Zhongpin 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.