Fushun Special Steel Hits Day High with 9.94% Surge in Stock Price

3 hours ago
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Fushun Special Steel Co., Ltd. has seen a notable increase in its stock performance, with significant gains over various time frames, including a sharp rise in the past day. However, the company faces challenges such as a high debt-to-equity ratio and a history of negative operating cash flow.
Fushun Special Steel Hits Day High with 9.94% Surge in Stock Price
Fushun Special Steel Co., Ltd., a prominent player in the ferrous metals industry, has experienced a significant uptick in its stock performance, gaining 9.94% on February 26, 2026. The stock reached an intraday high of CNY 7.52, showcasing a notable rebound in its trading activity.
In terms of performance metrics, Fushun Special Steel has outperformed the China Shanghai Composite index over various time frames. Over the past day, the company’s stock rose sharply, contrasting with the composite's decline of 1.26%. The one-week performance also reflects a robust increase of 19.18%, while the stock has shown a year-to-date gain of 28.77%. Despite these short-term gains, the company faces challenges, including a high debt-to-equity ratio and a history of negative operating cash flow. Over the last five years, net sales have grown at an annual rate of just 5.19%, and the company has reported negative results for the last three consecutive quarters. As Fushun Special Steel navigates these complexities, its recent stock activity highlights a moment of notable interest in the market.
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