NEW YORK ( TheStreet) -- Fushi Copperweld (Nasdaq: FSIN) is trading at unusually high volume Wednesday with 1.2 million shares changing hands. It is currently at four times its average daily volume and trading up 44 cents (+5.8%) at $8.04 as of 11:50 a.m. ET. Fushi Copperweld has a market cap of $255.2 million and is part of the industrial goods sector and industrial industry. Shares are down 22.4% year to date as of the close of trading on Tuesday. 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). The company has a P/E ratio of 11.5, above the average industrial industry P/E ratio of 10.6 and below the S&P 500 P/E ratio of 17.7. 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 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 rising on unusually high volume? Get free SMS text alerts sent to you when the action happens by texting HVUP 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%).