Wonder Auto Technology Stock Hits New 52-Week Low (WATG)

NEW YORK ( TheStreet) -- Wonder Auto Technology (Nasdaq: WATG) hit a new 52-week low Wednesday as it traded at $6.50 compared with its previous 52-Week low of $6.58. Wonder Auto Technology is changing hands at $6.72 with 1.5 million shares traded as of 12:27 p.m. ET. Average volume has been 509,400 shares over the past 30 days. Wonder Auto Technology has a market cap of $237.4 million and is part of the consumer goods sector and automotive industry. Shares are down 6% year to date as of the close of trading on Tuesday.

Wonder Auto Technology, Inc., through its subsidiaries, engages in the design, development, manufacture, and marketing of electrical parts, suspension products, and engine components. The company has a P/E ratio of 7.7, equal to the average automotive industry P/E ratio and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Wonder Auto Technology as hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels and impressive record of earnings per share growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, generally poor debt management and disappointing return on equity. You can view the full Wonder Auto Technology Ratings Report.

null

More from Markets

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Canopy Growth Lets Down Eager Pot Investors; PayPal Keeps Dominating -- ICYMI

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Dow, S&P 500 and Nasdaq Tumble After Trump Calls Off North Korea Summit

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

Inside Carnival's Mind Blowing New Horizon Cruise Ship (Video)

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers

Automakers Slump as Trump Tariffs Threaten Both Manufacturers and Consumers