Amerigon Stock Falls On Unusually High Volume (ARGN)

NEW YORK ( TheStreet) -- Amerigon (Nasdaq: ARGN) is trading at unusually high volume Tuesday with 938,521 shares changing hands. It is currently at four times its average daily volume and trading down 40 cents (-2.7%) at $14.26 as of 3:54 p.m. ET.

Amerigon has a market cap of $347.3 million and is part of the consumer goods sector and automotive industry. Shares are up 34.7% year to date as of the close of trading on Monday.

Amerigon Incorporated engages in the design, development, and marketing of electronic components and systems based on thermoelectric device technologies for heating and cooling applications.

TheStreet Ratings rates Amerigon as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full Amerigon Ratings Report.

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