Roth Downgrades China Direct (CDS) to Hold

January 15, 2009 12:44 PM EST

Roth Capital downgrades China Direct (NYSE: CDS) from Buy to Hold.

Shares of China Direct are down nearly 6% today, most recently trading at $1.43.

China Direct, Inc., a holding company, engages in the production of pure magnesium and distribution of basic materials in the People's Republic of China.


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