Boston, MA 05/30/2013 (wallstreetpr) – The share prices of Cleantech Solutions International Inc. (NASDAQ:CLNT) had surged by 9.59 percent to close at $7.20 per share for the end of last trading session. The shares of the company had been trading in the range of $6.35 to $7.85 per share during the day before closing at $0.63 per share higher than the previous closing price.
Cleantech Solutions International Inc. (NASDAQ:CLNT) is involved in the production and distribution of forged and fabricated products to clean technology customers. The company provides for forged rings and other related components for equipments in the wind power industry and solar power industry. Cleantech Solutions International Inc. (NASDAQ:CLNT) operates its business through two major segments namely forged rolled rings and related components segment and the dyeing and finishing equipment segment.
The share prices of Cleantech Solutions International Inc. (NASDAQ:CLNT) had recorded 52 week low price level at $2.03 per share and the 52 week high price level of the company is at $10.85 per share. The company producing forged and fabricated products for wind and solar power industry had recently witnessed surge in trading volume with nearly 1.69 million shares being exchanged hands during the day while the average trading volume for Cleantech Solutions International Inc. (NASDAQ:CLNT) is only 868,770 shares per day.
Cleantech Solutions International Inc. (NASDAQ:CLNT) presently holds 2.67 million shares outstanding in the market with an institutional ownership in the company of 11 percent of its holdings. The recent surge in the share prices of Cleantech Solutions International Inc. (NASDAQ:CLNT) had pushed into the NASDAQ gainers watch list.
