Feihe International Stock Gaps Up On Today's Open (ADY)
Shares of Feihe International (NYSE:ADY) were gapping up Thursday morning with an open price 10.6% higher than Wednesday's closing price. The stock closed at $5.87 yesterday and opened today's trading at $6.49.
NEW YORK ( TheStreet) -- Shares of Feihe International (NYSE: ADY) were gapping up Thursday morning with an open price 10.6% higher than Wednesday's closing price. The stock closed at $5.87 Wednesday and opened today's trading at $6.49. The average volume for Feihe International has been 248,400 shares per day over the past 30 days. Feihe International has a market cap of $108.4 million and is part of the consumer goods sector and food & beverage industry. Shares are up 126.6% year to date as of the close of trading on Wednesday. Feihe International, Inc. engages in the production and distribution of milk powder, soybean milk powder, and related dairy products in the People's Republic of China. The company has a P/E ratio of 21.2, above the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Feihe International as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and a generally disappointing performance in the stock itself. You can view the full Feihe International Ratings Report. Get more investment ideas from our investment research center.