08 AUGUST 2012Tradingcharts.com
Noranda Aluminum is down 3.7% since reporting Quarterly Results
Edited by : AL CIRCLE
1 min read
A week ago on July 25th, 2012 Noranda Aluminum (NYSE:NOR) reported earnings and analysts, on average, expected earnings of $0.09 on sales of $355.4 million. The company actually reported EPS of $0.11 on sales of $371.7 million, beating EPS estimates by $0.02 and beating revenue estimates by $16.3 million. Since the company's report, shares of Noranda Aluminum have fallen from $6.28 to $6.05, representing a loss of 3.7% in the past 12 days.
In the past 52 weeks, shares of Noranda Aluminum have traded between a low of $5.90 and a high of $13.18 and are now at $6.05, which is 3% above that low price. The 200-day and 50-day moving averages have moved 0.68% lower and 2.3% lower over the past week, respectively.
SmarTrend recommended that its subscribers protect gains by selling shares of Noranda Aluminum on March 8th, 2012 by issuing a Downtrend alert when the shares were trading at $10.98. Since that call, shares of Noranda Aluminum have fallen 44.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
In the past 52 weeks, shares of Noranda Aluminum have traded between a low of $5.90 and a high of $13.18 and are now at $6.05, which is 3% above that low price. The 200-day and 50-day moving averages have moved 0.68% lower and 2.3% lower over the past week, respectively.
SmarTrend recommended that its subscribers protect gains by selling shares of Noranda Aluminum on March 8th, 2012 by issuing a Downtrend alert when the shares were trading at $10.98. Since that call, shares of Noranda Aluminum have fallen 44.9%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
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