NEW YORK ( TheStreet) -- Shares of Fushi Copperweld (Nasdaq: FSIN) have taken a tremendous swing upward. The stock is trading at $7.15 as of 3:01 p.m. ET, 20.6% above Wednesday's closing price of $5.93. Volume is at 848,636, 2.4 times the daily average of 351,400. Fushi Copperweld has a market cap of $245.6 million and is part of the industrial goods sector and industrial industry. Fushi Copperweld, Inc., through its subsidiaries, develops, designs, manufactures, markets, and distributes bimetallic wire products, principally copper-clad aluminum (CCA) and copper-clad steel (CCS). TheStreet Ratings rates Fushi Copperweld as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and poor profit margins. You can view the full Fushi Copperweld Ratings Report. See our top % gaining stocks list for other stocks that are soaring today, or get investment ideas from our investment research center. Interested in other stocks that are soaring? Get free SMS text alerts sent to you when the action happens by texting SOAR to 95370 or select from multiple alert options.
Fushi Copperweld (Nasdaq:FSIN) is trading at unusually high volume Tuesday with 2.2 million shares changing hands. It is currently at 4.1 times its average daily volume and trading up 15 cents (+2.6%).