Duoyuan Global Water Stock Gaps Down On Today's Open (DGW)
Shares of Duoyuan Global Water (NYSE:DGW) were gapping down Tuesday morning with an open price 15.5% lower than Monday's closing price. The stock closed at $3.99 yesterday and opened today's trading at $3.37.
NEW YORK ( TheStreet) -- Shares of Duoyuan Global Water (NYSE: DGW) were gapping down Tuesday morning with an open price 15.5% lower than Monday's closing price. The stock closed at $3.99 Monday and opened today's trading at $3.37. The average volume for Duoyuan Global Water has been 416,600 shares per day over the past 30 days. Duoyuan Global Water has a market cap of $135.1 million and is part of the industrial goods sector and industrial industry. Shares are down 68.8% year to date as of the close of trading on Monday. 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 3.6, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 16.8. 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. Get more investment ideas from our investment research center. Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.