NEW YORK ( TheStreet) -- Shares of Deer Consumer Products (Nasdaq: DEER) have taken a tremendous swing upward. The stock is trading at $5.07 as of 2:19 p.m. ET, 20.4% above Wednesday's closing price of $4.21. Volume is at 165,235, 1.7 times the daily average of 94,600. Deer Consumer has a market cap of $167.6 million and is part of the consumer goods sector and consumer durables industry. Shares are down 62.5% year to date as of the close of trading on Wednesday. Deer Consumer Products, Inc., through its subsidiaries, engages in the design, manufacture, and sale of small home and kitchen electronic appliances. The company has a P/E ratio of 3.7, below the average consumer durables industry P/E ratio of 4.5 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Deer Consumer as a buy. 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, notable return on equity, attractive valuation levels and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full Deer Consumer 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.