Aluminum Corp. of China Limited ADR Class H (NYSE:ACH) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, ValuEngine reports.
Other analysts have also issued reports about the stock. Zacks Investment Research lowered shares of Aluminum Corp. of China Limited ADR Class H from a “hold” rating to a “sell” rating in a research note on Thursday, November 28th. CLSA raised shares of Aluminum Corp. of China Limited ADR Class H from an “underperform” rating to an “outperform” rating in a research note on Friday, November 15th. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $9.86.
ACH stock traded down $0.03 during mid-day trading on Wednesday, reaching $7.65. 17,700 shares of the stock traded hands, compared to its average volume of 44,069. The company has a current ratio of 0.78, a quick ratio of 0.49 and a debt-to-equity ratio of 0.86. Aluminum Corp. of China Limited ADR Class H has a 52-week low of $6.96 and a 52-week high of $11.11. The company has a market cap of $5.26 billion, a P/E ratio of 765.00 and a beta of 0.95. The stock’s fifty day moving average is $7.81 and its 200-day moving average is $8.09.
Aluminum Corp. of China Limited ADR Class H Company Profile
Aluminum Corporation of China Limited, together with its subsidiaries, manufactures and sells alumina, primary aluminum, and energy products in the People's Republic of China. The company operates through Alumina, Primary Aluminum, Trading, and Energy segments. The Alumina segment mines for and purchases bauxite and other raw materials; and produces and sells alumina, as well as alumina-related products, such as alumina hydrate, alumina-based chemical products, and gallium.
Further Reading: Net Asset Value
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