NEW YORK ( TheStreet) -- Shares of L & L Energy (Nasdaq: LLEN) have taken a tremendous swing upward. The stock is trading at $3.17 as of 10:05 a.m. ET, 25.8% above Wednesday's closing price of $2.52. Volume is at 818,283, 3.6 times the daily average of 228,300. L & L Energy has a market cap of $89.5 million and is part of the basic materials sector and metals & mining industry. Shares are down 1.9% year to date as of the close of trading on Wednesday. L&L Energy, Inc., through its subsidiaries, engages in the coal mining, clean coal washing, coal coking, and coal wholesale businesses in the People's Republic of China. The company offers thermal or steam coal. The company has a P/E ratio of 6.9, above the average metals & mining industry P/E ratio of 4.1 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates L & L Energy as a hold. The company's strengths can be seen in multiple areas, such as its 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 feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full L & L Energy 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.
TheStreet’s Fundamentals of Investing Course will teach you the keys to making the right decisions in any market.
TheStreet’s Personal Finance Essentials Course will teach you money management basics and investing strategies to help you avoid major financial pitfalls.
TheStreet Courses offers dedicated classes designed to improve your investing skills, stock market knowledge and money management capabilities.
More from Markets
The Fed Finally Starts Making Sense, and Here is How to Play It
The world needs to accept that relations between the U.S. and China will never be the same, and ultimately counting on the Fed to cut rates is not going to help fundamentals.
FedEx, U.S.-China Trade Pact, Micron, Apple, BlackBerry - 5 Things You Must Know
U.S. stock futures rise after Treasury Secretary Steven Mnuchin says the U.S. and China are 'about 90% of the way' toward reaching a trade pact; Micron's fiscal third-quarter earnings and revenue beat Wall Street forecasts and the company says it expects a solid rebound in memory demand later this year; FedEx doesn't expect recent issues with Huawei will affect its business in China.
Acer Plummets After FDA Declines to OK Rare Genetic Disorder Treatment
Acer plummets toward a record low after the Food and Drug Administration declined to approve its treatment for a genetic disorder that can cause blood vessels to fatally rupture.