Aluminum Corporation of China Limited (ACH) Reaches New 1-Year High at $20.61

Aluminum Corporation of China Limited (NYSE:ACH) reached a new 52-week high on Monday . The company traded as high as $20.61 and last traded at $20.65, with a volume of 288,796 shares traded. The stock had previously closed at $18.78.

ACH has been the topic of a number of research reports. BidaskClub upgraded Aluminum Corporation of China Limited from a “sell” rating to a “hold” rating in a report on Thursday, June 15th. CLSA upgraded Aluminum Corporation of China Limited from an “underperform” rating to a “buy” rating in a report on Monday, August 28th.

The stock has a market cap of $13.39 billion, a price-to-earnings ratio of 117.5229 and a beta of 0.08. The firm has a 50 day moving average price of $17.21 and a 200-day moving average price of $13.67.

A number of large investors have recently made changes to their positions in ACH. Frontier Wealth Management LLC bought a new stake in Aluminum Corporation of China Limited during the second quarter worth approximately $157,000. Citigroup Inc. raised its holdings in Aluminum Corporation of China Limited by 6.3% during the second quarter. Citigroup Inc. now owns 121,106 shares of the basic materials company’s stock worth $1,560,000 after purchasing an additional 7,173 shares in the last quarter. Parametric Portfolio Associates LLC raised its holdings in Aluminum Corporation of China Limited by 6.4% during the second quarter. Parametric Portfolio Associates LLC now owns 113,885 shares of the basic materials company’s stock worth $1,467,000 after purchasing an additional 6,806 shares in the last quarter. Profund Advisors LLC raised its holdings in Aluminum Corporation of China Limited by 43.0% during the second quarter. Profund Advisors LLC now owns 19,928 shares of the basic materials company’s stock worth $257,000 after purchasing an additional 5,988 shares in the last quarter. Finally, State Street Corp raised its holdings in Aluminum Corporation of China Limited by 2.2% during the second quarter. State Street Corp now owns 27,647 shares of the basic materials company’s stock worth $356,000 after purchasing an additional 607 shares in the last quarter. 0.32% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION NOTICE: This article was first posted by Sports Perspectives and is the property of of Sports Perspectives. If you are reading this article on another publication, it was copied illegally and reposted in violation of US and international copyright laws. The original version of this article can be read at https://sportsperspectives.com/2017/09/11/aluminum-corporation-of-china-limited-ach-reaches-new-1-year-high-at-20-61.html.

Aluminum Corporation of China Limited Company Profile

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