Deer Consumer Stock Soars (DEER)

NEW YORK ( TheStreet) -- Shares of Deer Consumer Products (Nasdaq: DEER) have taken a tremendous swing upward. The stock is trading at $4.08 as of 9:35 a.m. ET, 28.3% above Wednesday's closing price of $3.18. Volume is at 119,644, 1.4 times the daily average of 84,200.

Deer Consumer has a market cap of $171.3 million and is part of the consumer goods sector and consumer durables industry. Shares are down 25.5% 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 2.9, below the average consumer durables industry P/E ratio of 4.6 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Deer Consumer as a hold. 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 and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, poor profit margins and weak operating cash flow. You can view the full Deer Consumer Ratings Report.

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