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Aluminum Corporation of China (ACH) NewsBite - Metal Futures Boost ACH
- China Aluminium Network
- Post Time: 2009/5/27
- Click Amount: 636
Aluminum Corporation of China (NYSE: ACH) opened at $22.30. So far today, the stock has hit a low of $21.75 and a high of $22.87. ACH is now trading at $22.86, up $0.13 (0.57%). Over the last 52 weeks the stock has ranged from a low of $7.22 to a high of $44.50. ACH share are rising with other aluminum stocks today, helped by higher aluminum futures. Technical indicators for the stock are neutral and S&P gives ACH a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on ACH the stock seems like it could be a candidate for a July out-of-the-money bull-put credit spread below the 17.50 range.
Source: /www.marketintelligencecenter.com
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