NewsDownstreamNoranda Aluminum's shares traded at a new 52-week low of $3.92
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Noranda Aluminum's shares traded at a new 52-week low of $3.92

Edited by : AL CIRCLE
1 min read
Shares of Noranda Aluminum traded at a new 52-week low today of $3.92. Approximately 676,000 shares have changed hands today, as compared to an average 30-day volume of 635,000 shares.

Over the past year, Noranda Aluminumhas traded in a range of $3.92 to $10.95 and are now at $3.93. The 200-day and 50-day moving averages have moved 0.56% lower and 1.8% lower over the past week, respectively.

Noranda Aluminum has potential upside of 103.6% based on a current price of $3.93 and analysts' consensus price target of $8.00. The stock should find initial resistance at its 50-day moving average of $5.16 and further resistance at its 200-day MA of $6.20.

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