Aluminum Corporation of China Limited (ACH) Sets New 1-Year High at $16.25

Shares of Aluminum Corporation of China Limited (NYSE:ACH) hit a new 52-week high during trading on Wednesday . The stock traded as high as $16.25 and last traded at $16.24, with a volume of 59,206 shares trading hands. The stock had previously closed at $15.65.

Separately, BidaskClub raised Aluminum Corporation of China Limited from a “buy” rating to a “strong-buy” rating in a report on Wednesday, July 19th.

The firm’s 50-day moving average is $14.83 and its 200-day moving average is $13.03. The stock has a market cap of $11.01 billion, a PE ratio of 96.63 and a beta of 0.10.

Large investors have recently made changes to their positions in the stock. Citigroup Inc. raised its stake in shares of Aluminum Corporation of China Limited by 6.3% in the second quarter. Citigroup Inc. now owns 121,106 shares of the basic materials company’s stock worth $1,560,000 after buying an additional 7,173 shares during the period. Parametric Portfolio Associates LLC raised its stake in shares of Aluminum Corporation of China Limited by 6.4% in the second quarter. Parametric Portfolio Associates LLC now owns 113,885 shares of the basic materials company’s stock worth $1,467,000 after buying an additional 6,806 shares during the period. Finally, Profund Advisors LLC raised its stake in shares of Aluminum Corporation of China Limited by 43.0% in the second quarter. Profund Advisors LLC now owns 19,928 shares of the basic materials company’s stock worth $257,000 after buying an additional 5,988 shares during the period. 0.35% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY NOTICE: “Aluminum Corporation of China Limited (ACH) Sets New 1-Year High at $16.25” was originally published by StockNewsTimes and is the property of of StockNewsTimes. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://stocknewstimes.com/2017/08/12/aluminum-corporation-of-china-limited-ach-sets-new-1-year-high-at-16-25-updated.html.

About Aluminum Corporation of China Limited

Receive News & Ratings for Aluminum Corporation of China Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aluminum Corporation of China Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply