Credit Suisse downgraded shares of Alumina Limited (NYSE: AWC) from a neutral rating to an underperform rating in a report issued on Tuesday, TheFlyOnTheWall.com reports.
Alumina Limited (NYSE: AWC) traded down 1.48% on Tuesday, hitting $4.325. Alumina Limited has a 1-year low of $2.65 and a 1-year high of $5.26. The stock’s 50-day moving average is currently $4.65. The company’s market cap is $3.034 billion.
Separately, analysts at Goldman Sachs downgraded shares of Alumina Limited from a neutral rating to a sell rating in a research note to investors on Thursday, January 17th.
Four analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold.
Alumina Limited is an Australia-based company. The Company is engaged in investing in bauxite mining, alumina refining and selected aluminum smelting operations through its 40% ownership of Alcoa World Alumina and Chemicals (NYSE: AWC).
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