The stock of Haynes International, Inc. (NASDAQ:HAYN) is a huge mover today! About 79,928 shares traded hands or 1.04% up from the average. Haynes International, Inc. (NASDAQ:HAYN) has risen 6.16% since April 20, 2016 and is uptrending. It has outperformed by 1.60% the S&P500.
The move comes after 9 months positive chart setup for the $555.46 million company. It was reported on Nov, 22 by Barchart.com. We have $45.32 PT which if reached, will make NASDAQ:HAYN worth $16.66M more.
Haynes International, Inc. (NASDAQ:HAYN) Ratings Coverage
Out of 3 analysts covering Haynes International (NASDAQ:HAYN), 1 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 33% are positive. Haynes International has been the topic of 7 analyst reports since August 12, 2015 according to StockzIntelligence Inc. The stock has “Buy” rating given by Singular Research on Tuesday, September 29. On Wednesday, November 16 the stock rating was downgraded by JP Morgan to “Neutral”. Zacks downgraded the shares of HAYN in a report on Friday, August 14 to “Hold” rating. The firm earned “Neutral” rating on Monday, August 29 by Rosenblatt. The company was downgraded on Wednesday, August 12 by Zacks.
According to Zacks Investment Research, “Haynes International, Inc. is a technology-oriented company devoted primarily to the development and manufacture of high-performance nickel- and cobalt-based alloys for service in severe corrosion and high-temperature applications. Superior customer service and technical support are provided worldwide by well-trained professionals within the company. Haynes’ service centers and affiliates have available in-stock sheet, plate, bar, wire, tubing, forging stock, fittings, and flanges.”
More recent Haynes International, Inc. (NASDAQ:HAYN) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on December 21, 2009. Also Quotes.Wsj.com published the news titled: “News Haynes International Inc.HAYN” on February 12, 2011. Globenewswire.com‘s news article titled: “Haynes International, Inc. Reports Third Quarter Fiscal 2016 Financial Results” with publication date: August 04, 2016 was also an interesting one.
HAYN Company Profile
Haynes International, Inc. (Haynes), incorporated on December 1, 1986, is a producer of nickel- and cobalt alloys in flat product forms, such as sheet, coil and plate forms. The Firm operates through the segment of design, manufacture, marketing and distribution of technologically advanced, high-performance alloys for use in the aerospace, land gas turbine, chemical processing and other industries. The Company’s products consist of high temperature resistant alloy (HTA) products and corrosion resistant alloy (CRA) products. HTA products are used by manufacturers of equipment that is subjected to high temperatures, such as jet engines for the aerospace market, gas turbine engines used for power generation and waste incineration, and industrial heating equipment. CRA products are used in applications that require resistance to corrosive media found in chemical processing, power plant emissions control and hazardous waste treatment. The Firm also produces its products as welded tubulars, and in slab, bar, billet and wire forms.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.