Aluminum Corporation Of China Limited is in the basic materials sector and metals and mining industry. Aluminum Corporation of China is one of the world’s leading producer of aluminum. The company has operations across every phase of upstream aluminum production–bauxite mining, alumina refining and primary aluminum smelting.
Previous Intraday Performance:
The ACH shares had a previous change of -1.06% which opened at 8.58 and closed at 8.44. It moved to an intraday high of 8.61 and a low of 8.44.
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Historical Performance:
Over the last five trading days, ACH shares returned -2.76% and in the past 30 trading days it returned -21.12%. Over three months, it changed -12.54%. In one year it has changed -38.12% and within that year its 52 week high was 13.59 and its 52 week low was 7.44. ACH stock is 13.44% above its 52 week low.
Our calculations result in a 200 day moving average of 9.67 and a 50 day moving average of 9.73. Right now, ACH stock is trading -12.69% below its 200 day moving average and may not be a great opportunity to buy as it may continue to trend down.
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Liquidity:
The company has a market cap of $5.7b with 680.9m shares outstanding and a float of 680.9m shares. Trading volume was 21,061 shares and has experienced an average volume of 51,275 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is bad, highly speculative and an investor may want to avoid this stock.
Earnings:
The last annual reported EPS for Aluminum Corporation Of China Limited was 0.13 which ended on 31st of December 2018, which according to the previous close, that is a PE of 64.92.
Below was the last reported semi-annual diluted earnings per share:
| Dec 2018 | -0.04 |
|---|---|
| Jun 2018 | 0.18 |
| Dec 2017 | 0.16 |
| Jun 2017 | 0.17 |
| Dec 2016 | 0.06 |
Base on our calculations, the intrinsic value per share is 17.04, which means it might be undervalued and has a margin of safety of 50.47%.
The growth of the EPS is critical in understanding the current valuation of Aluminum Corporation Of China Limited; it is usually expressed as a percentage and is then referred to as the EPS growth rate, which at this time is hard to estimate, but revenue growth has been -0.40% over the last twelve months.
Indicators Also to Watch:
Based on the latest filings, there is 0.40% of institutional ownership. Short-interest was 106,396, which was 0.02% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.73. This stock has some short interest, but it might be normal and no need to worry if long the position.
The beta was calculated to be 0.91.
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Fundamental Numbers:
Based on last reported financials, the company’s return on equity is 1.33%, return on assets is 0.31%, profit margin is 0.82%, price-to-sales is 0.22 and price-to-book is 0.77.
Company Score Card:
Results are out of six:
3 : Growth Expectations Result
1 : Financial Safety Result
2 : Past Performance Result
3 : Valuation Result
0 : Dividend Safety Result
2 : Overall Result
Related Tags: ACH, Aluminum Corporation Of China Limited, Basic Materials, Metals And Mining
