Gushan Environmental Energy Soars 36% (GU)

Shares of Gushan Environmental Energy Limited GU are trading up 35.7% at $5.21 per share during the Monday morning trading session. The day's range for shares of Gushan Environmental Energy Limited has been between $4.32 and $5.63 per share. The average price target of analysts who cover Gushan Environmental Energy Limited (GU)is $4.00 per share. Volume of 2.1 million shares is already more than 10 times the daily average volume of 193,000 shares. Gushan Environmental Energy Limited is a leader in the PRC biodiesel industry, in terms of annual production capacity, and one of the leading biodiesel producers in Asia, in terms of nominal capacity. Gushan Environmental Energy Limited produces biodiesel, a renewable, clean-burning and biodegradable fuel and a raw material used to produce chemical products, primarily from vegetable oil offal and used cooking oil, and by-products from biodiesel production, including glycerine, plant asphalt, erucic acid and erucic amide. Read more from Benzinga's Company news.