NEW YORK ( TheStreet) -- Shares of Cleantech Solutions International (Nasdaq: CLNT) were gapping down Wednesday morning with an open price 24% lower than Tuesday's closing price. The stock closed at $3.96 Tuesday and opened today's trading at $3.01. The average volume for Cleantech Solutions International has been 498,300 shares per day over the past 30 days. Cleantech Solutions International has a market cap of $10.2 million and is part of the industrial goods sector and industrial industry. Shares are up 23.8% year to date as of the close of trading on Tuesday. Cleantech Solutions International, Inc. manufactures and sells metal components and assemblies primarily used in clean technology industries in China and internationally. The company has a P/E ratio of 1.9, equal to the average industrial industry P/E ratio and below the S&P 500 P/E ratio of 17.7. TheStreet Ratings rates Cleantech Solutions International as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. You can view the full Cleantech Solutions International Ratings Report. Get more investment ideas from our investment research center.
More from Markets
Netflix Shares Pop as Q3 Earnings, Subscriber Adds Beat Estimates
Netflix's third quarter was strong, but the fourth quarter is currently looking to be weaker than analysts expected.
Stocks End Down as Trade War Fears, Weak Retail Sales Overshadow Strong Earnings
Stocks finish down as investors divide their attention between strong third-quarter earnings and concerns over weak U.S. retail sales and the ongoing U.S.-China trade war.