A123 Systems Stock Hits New 52-Week Low (AONE)

NEW YORK (TheStreet) -- A123 Systems (Nasdaq:AONE) hit a new 52-week low Wednesday as it is currently trading at $5.11, below its previous 52-week high of $11.53 with 1.3 million shares traded as of 11:48 a.m. ET. Average volume has been 3.7 million shares over the past 30 days.

A123 Systems has a market cap of $678.9 million and is part of the industrial goods sector and industrial industry. Shares are down 44.7% year to date as of the close of trading on Tuesday.

A123 Systems, Inc., together with its subsidiaries, engages in the design, development, manufacture, and sale of rechargeable lithium-ion batteries and battery systems primarily in the United States.

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TheStreet Ratings rates A123 Systems as a sell. The company's weaknesses can be seen in multiple areas, such as its feeble growth in its earnings per share, deteriorating net income, disappointing return on equity, weak operating cash flow and generally disappointing historical performance in the stock itself. You can view the full A123 Systems Ratings Report.

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