Shares of Yingli Green Energy Holding Company (NYSE:YGE) have taken a tremendous swing upward. The stock is trading at $4.70 as of 3:20 p.m. ET, 20.6% above Wednesday's closing price of $3.90. Volume is at 6.2 million, 1.3 times the daily average of 4.9 million.
NEW YORK ( TheStreet) -- Shares of Yingli Green Energy Holding Company (NYSE: YGE) have taken a tremendous swing upward. The stock is trading at $4.70 as of 3:20 p.m. ET, 20.6% above Wednesday's closing price of $3.90. Volume is at 6.2 million, 1.3 times the daily average of 4.9 million. Yingli Green Energy Holding has a market cap of $587.3 million and is part of the technology sector and electronics industry. Shares are down 60.5% year to date as of the close of trading on Wednesday. Yingli Green Energy Holding Company Limited, together with its subsidiaries, engages in the design, development, manufacture, marketing, sale, and installation of photovoltaic (PV) products in the People's Republic of China and internationally. The company has a P/E ratio of 2.8, above the average electronics industry P/E ratio of 1.5 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Yingli Green Energy Holding as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally poor debt management, poor profit margins and a generally disappointing performance in the stock itself. You can view the full Yingli Green Energy Holding 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.