ZHENGZHOU, China, Nov 17, 2011 /PRNewswire-Asia-FirstCall/ -- China Valves Technology, Inc. (NASDAQ: CVVT) ("China Valves" or the "Company"), a leading Chinese metal valve manufacturer, today announced that the Company's management team will attend the Royal Bank of Scotland ("RBS") 2nd Annual HK/China Access - Seeking Alpha Conference at the Island Shangri-la Hotel, Hong Kong on December 8 - 9, 2011. The management team will attend one-on-one meetings, lunch meetings and group meetings. Investors who wish to meet with China Valves' management may contact Royal Bank of Scotland or the Company's investor relations representative in the U.S., Raymond Campos at + 1 (310) 954 1356 or firstname.lastname@example.org. About China Valves Technology, Inc. China Valves Technology, Inc. through its subsidiaries, Zhengzhou City ZD Valve Co, Ltd., Henan Kaifeng High Pressure Valve Co., Ltd., Taizhou Taide Valve Co., Ltd., Yangzhou Rock Valve Lock Technology Co., Ltd., China Valve Technology ( Changsha) Valve Co., Ltd. and Shanghai Pudong Hanwei Valve Co., Ltd., is engaged in the development, manufacture and sale of high-quality metal valves for the electricity, petroleum, chemical, water, gas and metallurgy industries. The Company has one of the best known brand names in China's valve industry, and its history can be traced back to 1959 when it was formed as a state-owned enterprise. The Company develops valve products through extensive research and development and owns numerous patents. It enjoys a large domestic market share and also exports to Asia and Europe. For more information, visit http://www.cvalve.comChina Valves Technology, Inc.Gang Wei, CFOTel: +86-371-8601-8777E-mail: email@example.com://www.cvalve.comCCG Investor RelationsLinda Salo, Account ManagerTel: +1 646-922-0894E-mail: firstname.lastname@example.org Crocker Coulson, PresidentTel: +1 646-213-1915E-mail: email@example.com://www.ccgirasia.com SOURCE China Valves Technology, Inc.
Shares of China Valves Technology (Nasdaq:CVVT) have taken a tremendous swing upward. The stock is trading at $2.54 as of one p.m. ET, 20.4% above Monday's closing price of $2.11. Volume is at 604,488, 3.7 times the daily average of 165,100.
China Valves Technology (Nasdaq:CVVT) hit a new 52-week low Wednesday as it is currently trading at $3.91, below its previous 52-week high of $13.35 with 440,181 shares traded as of 3:56 p.m. ET. Average volume has been 674,100 shares over the past 30 days.
China Valves Technology (Nasdaq:CVVT) hit a new 52-week low Monday as it changed hands at $4.23 compared with its previous 52-week low of $4.39. China Valves Technology is currently trading at $4.25 with 101,267 shares changing hands as of 9:36 a.m. as compared to the average daily trading volume of 780,900.
China Valves Technology (Nasdaq:CVVT) hit a new 52-week low Tuesday as it changed hands at $4.39 compared with its previous 52-week low of $4.71. China Valves Technology is currently trading at $4.40 with 692,288 shares changing hands as of 11:16 a.m. as compared to the average daily trading volume of 696,200.