The stock of Aluminum Corp. of China Limited (ADR) (NYSE:ACH) is a huge mover today! About 74,634 shares traded hands or 57.82% up from the average. Aluminum Corp. of China Limited (ADR) (NYSE:ACH) has risen 27.43% since April 22, 2016 and is uptrending. It has outperformed by 22.02% the S&P500.
The move comes after 7 months positive chart setup for the $9.23B company. It was reported on Nov, 25 by Barchart.com. We have $12.20 PT which if reached, will make NYSE:ACH worth $553.80M more.
Aluminum Corp. of China Limited (ADR) (NYSE:ACH) Ratings Coverage
Out of 2 analysts covering Alum. Corp China (NYSE:ACH), 0 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 0 are positive. Alum. Corp China has been the topic of 3 analyst reports since August 31, 2015 according to StockzIntelligence Inc. The stock of Aluminum Corp. of China Limited (ADR) (NYSE:ACH) has “Sell” rating given on Monday, December 7 by Goldman Sachs. The rating was upgraded by Credit Suisse to “Neutral” on Monday, August 31. The firm has “Neutral” rating by Goldman Sachs given on Thursday, March 24.
According to Zacks Investment Research, “Aluminum Corp of China Ltd’s principal activity is the production and distribution of alumina and primary aluminum. Other activities include the manufacturing of mechanical equipment and distribution of ceramic products and provision of repair and maintenance services for electrical plant and machinery.”
More recent Aluminum Corp. of China Limited (ADR) (NYSE:ACH) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on February 11, 2011. Also Fool.com published the news titled: “3 Top Aluminum Stocks to Buy in 2016” on October 04, 2016. Fool.com‘s news article titled: “5 Things Alcoa Wants You to Know About Its Post-Split Future” with publication date: November 27, 2015 was also an interesting one.
ACH Company Profile
Aluminum Corporation of China Limited (Chalco), incorporated on October 10, 2001, is an aluminum producer with activities in bauxite and coal mining, alumina refining and primary aluminum smelting. The Firm also produces ancillary services and products derived from or related to its aluminum operations. The Firm organizes and manages its activities in five divisions: alumina segment, primary aluminum segment, trading segment, energy segment, and corporate and other operating segment. The Firm is also engaged in trading of alumina, primary aluminum, aluminum fabrication products, other non-ferrous metal products, coal products and raw and ancillary materials in bulk domestically and internationally. In addition, the Company is also engaged in coal mining, power generation, research and development activities, and other services and products. The Company’s corporate and other operating segment includes corporate and other aluminum-related research, development and other activities.
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