Shares of Ameron International (NYSE:AMN) have taken a tremendous swing upward. The stock is trading at $84.44 as of 10:01 a.m. ET, 27.4% above Friday's closing price of $66.27. Volume is at 365,593, 6.1 times the daily average of 59,900.
NEW YORK ( TheStreet) -- Shares of Ameron International (NYSE: AMN) have taken a tremendous swing upward. The stock is trading at $84.44 as of 10:01 a.m. ET, 27.4% above Friday's closing price of $66.27. Volume is at 365,593, 6.1 times the daily average of 59,900. Ameron International has a market cap of $605.6 million and is part of the industrial goods sector and materials & construction industry. Shares are down 13.2% year to date as of the close of trading on Friday. Ameron International Corporation, together with its subsidiaries, manufactures and sells engineered products and materials for the chemical, industrial, energy, transportation, and infrastructure industries from its plants in North America, South America, Europe, and Asia. The company has a P/E ratio of 14.7, below the average materials & construction industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Ameron International 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 notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, poor profit margins and weak operating cash flow. You can view the full Ameron International 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.
The ex-dividend date for Ameron International (NYSE:AMN) is tomorrow, July 26, 2011. Owners of shares as of market close today will be eligible for a dividend of 30 cents per share. At a price of $85.32 as of 9:32 a.m., the dividend yield is 1.4%.