16 AUGUST 2012Tradingcharts.com
Noranda Aluminum Shares Climbed 1.3% Higher in Past 2 Weeks
Edited by : AL CIRCLE
1 min read
Two weeks 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. Shares of Noranda Aluminum have climbed from $6.28 to $6.36, representing a gain of 1.3% since the company reported earnings 19 days ago.
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 $6.36, which is 8% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 2.2%.
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 42.1%. 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 $6.36, which is 8% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.5% while the 50-day MA has declined 2.2%.
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 42.1%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
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