09 AUGUST 2012Tradingcharts.com
Noranda Aluminum shares down 43.1% since SmarTrend's sell call
Edited by : AL CIRCLE
1 min read
SmarTrend identified a Downtrend for Noranda Aluminum (NYSE:NOR) on March 8th, 2012 at $10.98. In approximately 5 months, Noranda Aluminum has returned 43.08% as of today's recent price of $6.25.
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 $6.25, which is 6% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.4%.
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.
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 $6.25, which is 6% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 1.4%.
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.
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