SmartHeat Inc. (HEAT: Quote) has been gaining ground for the majority of early trade Wednesday morning. The stock is now up 1.56 at $6.81 on strong volume.
SmartHeat is adding to yesterday's sharp increase and has set nearly a 6-month high. The company reported a full year 2011 net loss of $23.9 million or $6.20 per share after the close Monday, compared to net income of $22.7 million or $6.79 per share last year.
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by RTT Staff Writer
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