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Shares of Kaiser Aluminum Under Pressure, Down 4.0%
Edited by : AL CIRCLE
1 min read
Kaiser Aluminum (NASDAQ:KALU) is one of today's biggest movers, down 4.0% to $46.37. The Dow is down 2.1% to 11,920 and the S&P is currently down 2.3% to 1,247.
In the past 52 weeks, Kaiser Aluminum share prices have been bracketed by a low of $40.12 and a high of $57.29 and are now at $46.37, 16% above that low price. The 200-day and 50-day moving averages have moved 0.04% higher and 0.2% lower over the past week, respectively.
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. The stock should find initial resistance at its 50-day moving average (MA) of $47.19 and further resistance at its 200-day MA of $49.50.
Kaiser Aluminum Corporation produces alumina, primary aluminum, and fabricated aluminum products. The Company also supplies alumina and primary aluminum in domestic and international markets.
In the past 52 weeks, Kaiser Aluminum share prices have been bracketed by a low of $40.12 and a high of $57.29 and are now at $46.37, 16% above that low price. The 200-day and 50-day moving averages have moved 0.04% higher and 0.2% lower over the past week, respectively.
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. The stock should find initial resistance at its 50-day moving average (MA) of $47.19 and further resistance at its 200-day MA of $49.50.
Kaiser Aluminum Corporation produces alumina, primary aluminum, and fabricated aluminum products. The Company also supplies alumina and primary aluminum in domestic and international markets.
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