NEW YORK ( TheStreet) -- Shares of Zhongpin (Nasdaq: HOGS) have taken a tremendous swing upward. The stock is trading at $11.61 as of 9:50 a.m. ET, 26% above Monday's closing price of $9.21. Volume is at 435,031, 1.6 times the daily average of 267,700. Zhongpin has a market cap of $440.1 million and is part of the consumer goods sector and food & beverage industry. Shares are up 8.1% year to date as of the close of trading on Monday. 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 5.8, below the average food & beverage industry P/E ratio of 6.1 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, attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including poor profit margins, weak operating cash flow and feeble growth in the company's earnings per share. 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.