Fuel Systems Rises On Unusually High Volume (FSYS)

NEW YORK ( TheStreet) -- Fuel Systems Solutions (Nasdaq: FSYS) is trading at unusually high volume Monday with 944,562 shares changing hands. It is currently at 4.2 times its average daily volume and trading up $1.95 (+7.5%) at $27.79 as of 3:35 p.m. ET.

Fuel Systems has a market cap of $381.1 million and is part of the consumer goods sector and automotive industry. Shares are up 56.7% year to date as of the close of trading on Friday.

Fuel Systems Solutions, Inc. engages in the design, manufacture, and supply of alternative fuel components and systems for use in the transportation, industrial, and power generation markets primarily in North America, Europe, Asia, the Pacific Rim, and Latin America. The company has a P/E ratio of 99.3, below the average automotive industry P/E ratio of 126.9 and above the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Fuel Systems 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 good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins. You can view the full Fuel Systems Ratings Report.

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