Alumina (OTCMKTS:AWCMY) Downgraded by Citigroup to Neutral

Citigroup cut shares of Alumina (OTCMKTS:AWCMY) from a buy rating to a neutral rating in a research report report published on Thursday, The Fly reports.

Other analysts have also recently issued reports about the stock. Macquarie upgraded shares of Alumina from an underperform rating to an outperform rating in a report on Monday, March 23rd. ValuEngine cut shares of Alumina from a buy rating to a hold rating in a report on Friday, April 3rd. Goldman Sachs Group raised shares of Alumina from a neutral rating to a buy rating in a research report on Thursday, March 19th. Zacks Investment Research lowered shares of Alumina from a buy rating to a hold rating in a report on Wednesday, June 24th. Finally, Jefferies Financial Group raised shares of Alumina from an underperform rating to a buy rating in a report on Monday, March 23rd. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The stock has an average rating of Hold and an average target price of $4.50.

OTCMKTS:AWCMY opened at $4.48 on Thursday. Alumina has a fifty-two week low of $3.09 and a fifty-two week high of $6.89. The stock has a market capitalization of $3.15 billion, a P/E ratio of 14.93 and a beta of 0.94. The company has a debt-to-equity ratio of 0.04, a quick ratio of 14.17 and a current ratio of 14.17. The company’s 50-day simple moving average is $4.33 and its 200-day simple moving average is $4.75.

About Alumina

Alumina Limited, through its 40% interest in Alcoa World Alumina and Chemicals, engages in bauxite mining, alumina refining, and aluminum smelting businesses. The company has a network of bauxite mines and alumina refineries in Australia, the United States, Guinea, Brazil, and Spain, as well as an interest in a smelter in Victoria Australia; and a bauxite mine and alumina refinery in Saudi Arabia.

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The Fly

Analyst Recommendations for Alumina (OTCMKTS:AWCMY)

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