Noranda Aluminum Ranks the Lowest in Terms of Price to Sales Ratio in the Aluminum Industry (NOR, AA, KALU)

Below are the three companies in the Aluminum industry with the lowest price to sales per share ratios. Often companies with the lowest ratio present the greatest value to investors.

Noranda Aluminum (NYSE:NOR) is lowest with a price to sales ratio of 0.37. Noranda Aluminum Holding Corp is an integrated producer of aluminum products, as well as rolled aluminum coils. The Company produces aluminum products in the form of billets, rods and sows, used mainly for building construction, architectural and transportation applications. Noranda also produces foil and light gauge sheet products from its rolling mills. Thus far today, Noranda Aluminum has traded 90,000 shares, vs. average volume of 278,000 shares per day. The stock has underperformed the Dow (-12.1% to the Dow's -2.1%) and underperformed the S&P 500 (-12.1% to the S&P's -2.3%) during today's trading.

Alcoa (NYSE:AA) is next with a price to sales ratio of 0.44.

Alcoa share prices have moved between a 52-week high of $18.47 and a 52-week low of $8.45 and are now trading 23% above that low price at $10.39 per share. The 200-day and 50-day moving averages have moved 0.55% lower and 0.63% lower over the past week, respectively.

Finishing up the bottom three is Kaiser Aluminum (NASDAQ:KALU), with a price to sales ratio of 0.70.

Potential upside of 32.3% exists for Kaiser Aluminum, based on a current level of $46.37 and analysts' average consensus price target of $61.33. Kaiser Aluminum shares should first meet resistance at the 50-day moving average (MA) of $47.19 and find additional resistance at the 200-day MA of $49.50.