Press coverage about Aluminum Corp. of China (NYSE:ACH) has trended somewhat positive on Monday, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Aluminum Corp. of China earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the basic materials company an impact score of 46.9348733493421 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
A number of analysts recently weighed in on the stock. cut shares of Aluminum Corp. of China from a “buy” rating to a “hold” rating in a report on Thursday, November 2nd. Morgan Stanley cut shares of Aluminum Corp. of China from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 9th. Three research analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Buy”.
Shares of Aluminum Corp. of China (ACH) traded up $0.19 on Monday, hitting $14.77. 37,762 shares of the stock traded hands, compared to its average volume of 98,674. Aluminum Corp. of China has a 12 month low of $11.01 and a 12 month high of $23.54.
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About Aluminum Corp. of China
Aluminum Corporation of China Limited (Chalco) is an aluminum producer with operations in bauxite and coal mining, alumina refining and primary aluminum smelting. The Company operates through alumina segment, including the mining and purchasing of bauxite and other raw materials, and production and sale of alumina, as well as alumina-related products; primary aluminum segment includes the procurement of alumina, other raw materials, supplemental materials and electricity power, the production and sale of primary aluminum and aluminum-related products; trading segment is engaged in the trading of alumina, primary aluminum, other non-ferrous metal products, and crude fuels; energy segment includes coal mining and power generation, including conventional coal-fire power generation and renewable energy generation, such as wind power and photovoltaic power, and corporate and other operating segment includes corporate and other aluminum-related research, development, and other activities.
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