NEW YORK ( TheStreet) -- Yongye International (Nasdaq: YONG) is trading at unusually high volume Thursday with 4.6 million shares changing hands. It is currently at four times its average daily volume and trading down 79 cents (-18.2%) at $3.54 as of 3:48 p.m. ET. Yongye International has a market cap of $226.1 million and is part of the basic materials sector and chemicals industry. Shares are down 48.5% year to date as of the close of trading on Wednesday. Yongye International, Inc., together with its subsidiaries, engages in the research and development, manufacturing, and distribution of fulvic acid based liquid and powder nutrient compounds for plant and animal feed used in the agriculture industry in the People's Republic of China. The company has a P/E ratio of 4.1, equal to the average chemicals industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Yongye International as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. However, as a counter to these strengths, we find that the stock has had a generally disappointing performance in the past year. You can view the full Yongye International Ratings Report. See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center. Interested in other stocks that are falling on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVDOWN to 95370 or select from multiple alert options.
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