Aluminum Co. of China (NYSE:ACH) was upgraded by research analysts at Credit Suisse Group from an “underperform” rating to an “outperform” rating in a research note issued to investors on Tuesday, April 10th, MarketBeat reports.
Other research analysts have also issued reports about the company. Morgan Stanley cut Aluminum Co. of China from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 9th. Goldman Sachs upgraded Aluminum Co. of China from a “sell” rating to a “neutral” rating in a research report on Monday, March 26th. One investment analyst has rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company’s stock. Aluminum Co. of China presently has a consensus rating of “Hold”.
Aluminum Co. of China stock traded down $0.32 during mid-day trading on Tuesday, hitting $15.26. The company’s stock had a trading volume of 57,115 shares, compared to its average volume of 92,048. Aluminum Co. of China has a 1 year low of $11.01 and a 1 year high of $23.54. The company has a current ratio of 0.76, a quick ratio of 0.53 and a debt-to-equity ratio of 0.61.
Aluminum Co. of China Company Profile
Aluminum Corporation of China Limited, together with its subsidiaries, engages in the manufacture and distribution of alumina, primary aluminum and energy products in the People's Republic of China. It operates through Alumina, Primary Aluminum, Trading, and Energy segments. The Alumina segment is involved in mining and purchasing of bauxite and other raw materials; and production and sale of alumina, as well as alumina-related products, such as alumina hydrate, alumina-based chemical products, and gallium.
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