Fuel Systems Stock Hits New 52-Week Low (FSYS)

NEW YORK ( TheStreet) -- Fuel Systems Solutions (Nasdaq: FSYS) hit a new 52-week low Friday as it is currently trading at $15.30, below its previous 52-week low of $15.35 with 188,286 shares traded as of 3:34 p.m. ET. Average volume has been 500,300 shares over the past 30 days.

Fuel Systems has a market cap of $311.4 million and is part of the consumer goods sector and automotive industry. Shares are down 5.6% year to date as of the close of trading on Thursday.

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 worldwide. The company has a P/E ratio of 86.4, equal to the average automotive industry P/E ratio 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 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 poor profit margins. You can view the full Fuel Systems Ratings Report.

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