Aluminum Corp. of China Limited ADR Class H (NYSE:ACH) Trading Up 6.7%

Aluminum Corp. of China Limited ADR Class H (NYSE:ACH) shares were up 6.7% during trading on Tuesday . The company traded as high as $5.05 and last traded at $4.97, approximately 137,493 shares traded hands during trading. An increase of 148% from the average daily volume of 55,440 shares. The stock had previously closed at $4.66.

A number of research analysts have recently commented on ACH shares. Macquarie started coverage on shares of Aluminum Corp. of China Limited ADR Class H in a research report on Friday, January 3rd. They set an “outperform” rating for the company. 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 report on Tuesday, February 25th. ValuEngine lowered shares of Aluminum Corp. of China Limited ADR Class H from a “buy” rating to a “hold” rating in a research report on Monday, March 9th. Finally, Goldman Sachs Group lowered shares of Aluminum Corp. of China Limited ADR Class H from a “neutral” rating to a “sell” rating in a research report on Tuesday, January 7th. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have given a buy rating to the stock. Aluminum Corp. of China Limited ADR Class H currently has an average rating of “Hold” and an average price target of $9.86.

The firm’s 50-day moving average is $6.49 and its 200-day moving average is $7.66. The company has a market capitalization of $3.17 billion, a PE ratio of 47.37 and a beta of 1.00. The company has a quick ratio of 0.49, a current ratio of 0.78 and a debt-to-equity ratio of 0.86.

A number of large investors have recently made changes to their positions in the stock. Geode Capital Management LLC bought a new stake in Aluminum Corp. of China Limited ADR Class H in the fourth quarter worth $109,000. Corient Capital Partners LLC lifted its stake in Aluminum Corp. of China Limited ADR Class H by 28.2% in the fourth quarter. Corient Capital Partners LLC now owns 13,240 shares of the basic materials company’s stock worth $115,000 after purchasing an additional 2,910 shares during the last quarter. Quadrant Capital Group LLC lifted its stake in Aluminum Corp. of China Limited ADR Class H by 203.8% in the fourth quarter. Quadrant Capital Group LLC now owns 18,602 shares of the basic materials company’s stock worth $158,000 after purchasing an additional 12,479 shares during the last quarter. Capital Research Global Investors lifted its stake in Aluminum Corp. of China Limited ADR Class H by 28.7% in the fourth quarter. Capital Research Global Investors now owns 19,257 shares of the basic materials company’s stock worth $166,000 after purchasing an additional 4,293 shares during the last quarter. Finally, Stifel Financial Corp bought a new stake in Aluminum Corp. of China Limited ADR Class H in the fourth quarter worth $197,000. Institutional investors own 0.30% of the company’s stock.

About Aluminum Corp. of China Limited ADR Class H (NYSE:ACH)

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.

Recommended Story: Should I follow buy, hold and sell recommendations?

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