ALS (OTCMKTS:CPBLF) Trading Up 13% – Should You Buy?

ALS Limited (OTCMKTS:CPBLF) shares rose 13% during mid-day trading on Friday . The stock traded as high as $18.19 and last traded at $18.19. Approximately 399 shares changed hands during trading, a decline of 32% from the average daily volume of 583 shares. The stock had previously closed at $16.10.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group set a $28.00 target price on shares of ALS and gave the stock a “buy” rating in a research note on Thursday, January 29th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.00.

ALS Stock Performance

The firm’s 50-day moving average is $15.23 and its 200 day moving average is $12.82.

ALS Company Profile

ALS Limited (OTCMKTS:CPBLF) is a global provider of testing, inspection and certification services across a wide range of industries. The company offers analytical and advisory support designed to help clients meet regulatory standards, manage risk and optimise product quality. Its core services include environmental testing, food and pharmaceutical analysis, industrial inspection and specialist geochemistry.

In the environmental sector, ALS delivers water, soil and air quality testing for government agencies and private organisations, supporting initiatives in pollution monitoring and remediation.