Shares of Aluminum Co. of China Limited (NYSE:ACH) gapped down prior to trading on Thursday . The stock had previously closed at $15.27, but opened at $14.56. Aluminum Co. of China shares last traded at $14.48, with a volume of 1,283 shares.
A number of brokerages have recently weighed in on ACH. The Goldman Sachs Group upgraded Aluminum Co. of China from a “sell” rating to a “buy” rating in a research report on Monday, March 8th. JPMorgan Chase & Co. upgraded Aluminum Co. of China from a “neutral” rating to an “overweight” rating and set a $4.50 price target for the company in a report on Thursday, April 8th. Finally, Zacks Investment Research downgraded Aluminum Co. of China from a “buy” rating to a “hold” rating in a research report on Friday, April 30th.
The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.45 and a current ratio of 0.79. The stock’s fifty day moving average is $12.52 and its 200 day moving average is $9.98. The stock has a market cap of $9.67 billion, a P/E ratio of 109.23 and a beta of 1.72.
Aluminum Co. of China 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 refined alumina.
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