Mideast Times
Alumina Limited downgraded to "underperform"
Edited by : AL CIRCLE
1 min read
Alumina Limited was downgraded by equities research analysts at Bank of America Corp. to an “underperform” rating in a research note issued to investors on Monday, Stock Ratings Network reports.
Alumina Limited traded down 3.79% during mid-day trading on Monday, hitting $3.55. 65,987 shares of the company’s stock traded hands. Alumina Limited has a 52-week low of $2.87 and a 52-week high of $5.26. The stock has a 50-day moving average of $3.69 and a 200-day moving average of $4.13. The company’s market cap is $2.491 billion.
Separately, analysts at JPMorgan Chase & Co. upgraded shares of Alumina Limited from an “underweight” rating to a “neutral” rating in a research note to investors on Tuesday, July 9th.
Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold”.
Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals.
Alumina Limited traded down 3.79% during mid-day trading on Monday, hitting $3.55. 65,987 shares of the company’s stock traded hands. Alumina Limited has a 52-week low of $2.87 and a 52-week high of $5.26. The stock has a 50-day moving average of $3.69 and a 200-day moving average of $4.13. The company’s market cap is $2.491 billion.
Separately, analysts at JPMorgan Chase & Co. upgraded shares of Alumina Limited from an “underweight” rating to a “neutral” rating in a research note to investors on Tuesday, July 9th.
Three investment analysts have rated the stock with a sell rating, one has given a hold rating and one has given a buy rating to the stock. The company currently has a consensus rating of “Hold”.
Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals.
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