Shares of Aluminum Corp. of China Limited ADR Class H (NYSE:ACH) shot up 6.1% on Wednesday . The company traded as high as $8.75 and last traded at $8.67, 222,100 shares changed hands during trading. An increase of 350% from the average session volume of 49,311 shares. The stock had previously closed at $8.17.
Separately, ValuEngine upgraded Aluminum Corp. of China Limited ADR Class H from a “sell” rating to a “hold” rating in a report on Friday, May 17th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $9.86.
The company has a debt-to-equity ratio of 0.86, a current ratio of 0.78 and a quick ratio of 0.48. The firm has a market cap of $6.01 billion, a PE ratio of 892.00 and a beta of 0.96. The business has a fifty day moving average price of $7.58 and a two-hundred day moving average price of $8.93.
Aluminum Corp. of China Limited ADR Class H Company Profile (NYSE:ACH)
Aluminum Corporation of China Limited, together with its subsidiaries, manufactures and sells alumina, primary aluminum, and energy products in the People's Republic of China. The company operates through Alumina, Primary Aluminum, Trading, and Energy segments. The Alumina segment mines for and purchases bauxite and other raw materials; and produces and sells alumina, as well as alumina-related products, such as alumina hydrate, alumina-based chemical products, and gallium.
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