Significant Buying Pressure In RINO International (RINO)

Shares of RINO International RINO are being accumulated on heavy volume on Monday. The stock has gained 8.10% to $15.48. More than 741,000 RINO shares have already changed hands compared to a daily average of around 457,000. The buying pressure has been sustained throughout the day, and the stock is trading at its intra-day highs right now. Year-to-date, RINO has fallen more than 44%. RINO International Corporation is engaged in the business of designing, manufacturing, installing and servicing wastewater treatment and flue gas desulphurization equipment for use in China's iron and steel industry, and anti-oxidation products and equipment designed for use in the manufacture of hot rolled steel plate products.