Shares of Aluminum Corporation of China Limited (NYSE:ACH) reached a new 52-week high on Wednesday . The stock traded as high as $16.25 and last traded at $16.24, with a volume of 59,206 shares traded. The stock had previously closed at $15.65.

Separately, BidaskClub upgraded Aluminum Corporation of China Limited from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, July 19th.

The firm has a market cap of $11.01 billion, a price-to-earnings ratio of 96.63 and a beta of 0.10. The company’s 50 day moving average is $14.83 and its 200 day moving average is $13.03.

A number of institutional investors have recently added to or reduced their stakes in ACH. Parametric Portfolio Associates LLC raised its position in Aluminum Corporation of China Limited by 6.4% in the second quarter. Parametric Portfolio Associates LLC now owns 113,885 shares of the basic materials company’s stock valued at $1,467,000 after buying an additional 6,806 shares in the last quarter. Citigroup Inc. raised its position in Aluminum Corporation of China Limited by 6.3% in the second quarter. Citigroup Inc. now owns 121,106 shares of the basic materials company’s stock valued at $1,560,000 after buying an additional 7,173 shares in the last quarter. Finally, Profund Advisors LLC raised its position in Aluminum Corporation of China Limited by 43.0% in the second quarter. Profund Advisors LLC now owns 19,928 shares of the basic materials company’s stock valued at $257,000 after buying an additional 5,988 shares in the last quarter. 0.35% of the stock is currently owned by institutional investors and hedge funds.

TRADEMARK VIOLATION NOTICE: “Aluminum Corporation of China Limited (NYSE:ACH) Reaches New 1-Year High at $16.25” was posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this story on another site, it was copied illegally and republished in violation of US and international trademark & copyright law. The correct version of this story can be read at https://theolympiareport.com/2017/08/12/aluminum-corporation-of-china-limited-nyseach-reaches-new-52-week-high-at-16-25-updated.html.

Aluminum Corporation of China Limited Company Profile

Receive News & Ratings for Aluminum Corporation of China Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Aluminum Corporation of China Limited and related companies with Analyst Ratings Network's FREE daily email newsletter.