NEW YORK (
) is trading at unusually high volume Tuesday with 5.9 million shares changing hands. It is currently at four times its average daily volume and trading down $1.05 (-13.4%) at $6.77 as of four p.m. ET.
A123 Systems has a market cap of $820.1 million and is part of the
industry. Shares are down 18% year to date as of the close of trading on Monday.
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.
TheStreet Ratings rates A123 Systems as 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
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