Shares of Yingli Green Energy Holding Company (NYSE:YGE) have taken a tremendous swing upward. The stock is trading at $4.97 as of 12:45 p.m. ET, 20.6% above Tuesday's closing price of $4.12. Volume is at 7.8 million, 2.7 times the daily average of 2.9 million.
NEW YORK ( TheStreet) -- Shares of Yingli Green Energy Holding Company (NYSE: YGE) have taken a tremendous swing upward. The stock is trading at $4.97 as of 12:45 p.m. ET, 20.6% above Tuesday's closing price of $4.12. Volume is at 7.8 million, 2.7 times the daily average of 2.9 million. Yingli Green Energy Holding has a market cap of $617 million and is part of the technology sector and electronics industry. Shares are up 8.4% year to date as of the close of trading on Tuesday. 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 3.1, below the average electronics industry P/E ratio of 7.4 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, reasonable valuation levels and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins. 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.