Zhongpin Inc Shares Climb 9.1% (HOGS)

Shares of Zhongpin Inc.

are trading up 9.1% at $20.80 per share during the Thursday afternoon trading session. The day's trading range for shares of Zhongpin Inc has been between $19.17 and $20.88 per share. Analysts covering Zhongpin Inc. (

) stock give it a consensus price target of $24.94 per share. Trading volume for Zhongpin Inc has been lighter than usual, with 287,000 shares having been traded today, well below the daily average volume of 409,000 shares. Zhongpin Inc. is a meat and food processing company that specializes in pork and pork products, vegetables, and fruits in China. The company's distribution network in China covers 20 provinces plus Beijing, Shanghai, Tianjin, and Chongqing and includes more than 3,285 retail outlets. Read more