Alumina (OTCMKTS:AWCMY) Lifted to “Outperform” at Macquarie
Macquarie upgraded shares of Alumina (OTCMKTS:AWCMY) from an underperform rating to an outperform rating in a research report sent to investors on Monday morning, The Fly reports.
Several other research analysts also recently commented on AWCMY. Goldman Sachs Group upgraded shares of Alumina from a neutral rating to a buy rating in a report on Thursday, March 19th. Citigroup upgraded shares of Alumina from a neutral rating to a buy rating in a report on Thursday, March 5th. JPMorgan Chase & Co. upgraded shares of Alumina from an underweight rating to a neutral rating in a report on Tuesday, February 25th. Credit Suisse Group downgraded shares of Alumina from an outperform rating to a neutral rating in a report on Monday, November 25th. Finally, ValuEngine upgraded shares of Alumina from a hold rating to a buy rating in a report on Monday, February 10th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Alumina currently has a consensus rating of Buy.
Shares of AWCMY opened at $3.85 on Monday. The company has a market capitalization of $2.36 billion, a PE ratio of 4.01 and a beta of 0.66. Alumina has a one year low of $3.09 and a one year high of $7.41. The company’s fifty day moving average price is $4.89 and its 200 day moving average price is $5.99.
Alumina Limited, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, the United States, Guinea, Brazil, and Spain, as well as an interest in a smelter in Victoria Australia; and a bauxite mine and alumina refinery in Saudi Arabia.
Further Reading: The role of implied volatility with call option volume
Receive News & Ratings for Alumina Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alumina and related companies with MarketBeat.com's FREE daily email newsletter.