Aluminum Co. of China (NYSE:ACH) was downgraded by The Goldman Sachs Group from a “buy” rating to a “sell” rating in a note issued to investors on Thursday, The Fly reports.
Separately, Zacks Investment Research lowered Aluminum Co. of China from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 14th.
Shares of NYSE:ACH opened at $14.34 on Thursday. Aluminum Co. of China has a 1 year low of $7.57 and a 1 year high of $23.90. The company has a current ratio of 1.01, a quick ratio of 0.67 and a debt-to-equity ratio of 0.70. The business’s 50 day moving average price is $13.47 and its 200-day moving average price is $15.63.
About Aluminum Co. of China
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 refined alumina.
Further Reading: Cyclical Stocks
Receive News & Ratings for Aluminum Co. of China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aluminum Co. of China and related companies with MarketBeat.com's FREE daily email newsletter.