Duoyuan Global Water Stock Falls On Unusually High Volume (DGW)

NEW YORK ( TheStreet) -- Duoyuan Global Water (NYSE: DGW) is trading at unusually high volume Wednesday with 1.1 million shares changing hands. It is currently at 4.2 times its average daily volume and trading down $1.04 (-11.1%) at $8.35 as of 3:59 p.m. ET. Duoyuan Global Water has a market cap of $237.7 million and is part of the industrial goods sector and industrial industry. Shares are down 26.5% year to date as of the close of trading on Tuesday.

Duoyuan Global Water Inc., through its subsidiaries, engages in the manufacture and distribution of water environment protection equipment and water treatment products in the People's Republic of China. The company has a P/E ratio of 5.8, below the average industrial industry P/E ratio of 6.7 and below the S&P 500 P/E ratio of 23.4.

TheStreet Ratings rates Duoyuan Global Water as sell. Among the areas we feel are negative, one of the most important has been a generally disappointing historical performance in the stock itself. You can view the full Duoyuan Global Water Ratings Report.

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