Fushi Copperweld Stock Falls On Unusually High Volume (FSIN)

NEW YORK ( TheStreet) -- Fushi Copperweld (Nasdaq: FSIN) is trading at unusually high volume Monday with 1.4 million shares changing hands. It is currently at 4.1 times its average daily volume and trading down 28 cents (-3.7%) at $7.46 as of 3:19 p.m. ET.

Fushi Copperweld has a market cap of $298 million and is part of the industrial goods sector and industrial industry. Shares are down 12.7% year to date as of the close of trading on Friday.

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 12.8, above the average industrial industry P/E ratio of 12.4 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.

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