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Company Shares of Aluminum Corporation of China Limited Drops by 8.78%

Aluminum Corporation of China Limited (NYSE:ACH) has lost 8.78% during the past week and dropped 29.11% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 9.83%.

From: newswatchinternational.comDate: 2015-08-03 08:30:29Views: 380

Aluminum Corporation of China Limited (NYSE:ACH) has lost 8.78% during the past week and dropped 29.11% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 9.83%. Aluminum Corporation of China Limited (NYSE:ACH) has underperformed the index by 30.02% in the last 4 weeks. Investors should watch out for further signals and trade with caution. Aluminum Corporation Of China Limited has dropped 46.89% during the last 3-month period . Year-to-Date the stock performance stands at -25.17%.

The company shares have dropped 25.17% in the past 52 Weeks. On April 28, 2015 The shares registered one year high of $17.44 and one year low was seen on July 31, 2015 at $8.61. The 50-day moving average is $11.07 and the 200 day moving average is recorded at $12.94. S&P 500 has rallied 8.5% during the last 52-weeks. The company has received recommendation from many analysts. The shares have been rated as hold from 1 Wall Street Analysts.

Shares of Aluminum Corporation of China Limited (NYSE:ACH) ended Friday session in red amid volatile trading. The shares closed down 0.16 points or 1.82% at $8.62 with 71,555 shares getting traded. Post opening the session at $8.77, the shares hit an intraday low of $8.61 and an intraday high of $8.77 and the price vacillated in this range throughout the day. The company has a market cap of $1,360 million and the number of outstanding shares have been calculated to be 157,759,000 shares. The 52-week high of Aluminum Corporation of China Limited (NYSE:ACH) is $17.44 and the 52-week low is $8.61.

Institutional Investors own 1.8% of Company shares. During last 3 month period, -0.07% of total institutional ownership has changed in the company shares.

Aluminum Corporation of China Limited is principally engaged in extraction of aluminum oxide, electrolyzation of primary aluminum, as well as production and distribution of processed aluminum products. It operates its businesses through aluminum oxide segment, which offers aluminum oxide and gallium; primary aluminum segment, which provides primary aluminum, carbon products and aluminum alloy products; aluminum processing segment, which offers casting products, slab band products, foils, squeezing products, forging products, powder products and die-casting products; trading segment, which engages in the trading of its products; energy segment, which engages in the development, production and operation of energy products; headquarter and other operating segment, which includes other research and other activities related to the aluminum business.

 

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