Aurubis (OTCMKTS:AIAGY – Get Free Report) is expected to post its resultson Monday, May 11th. Analysts expect Aurubis to post earnings of $1.35 per share and revenue of $7.4605 billion for the quarter.
Aurubis Price Performance
Shares of Aurubis stock remained flat at $109.25 on Monday. 1 shares of the stock traded hands, compared to its average volume of 250. The company has a fifty day simple moving average of $97.08 and a 200-day simple moving average of $81.80. Aurubis has a 12 month low of $50.07 and a 12 month high of $109.60.
Wall Street Analysts Forecast Growth
A number of equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aurubis in a report on Friday, April 17th. Morgan Stanley raised Aurubis from an “underweight” rating to an “equal weight” rating in a research report on Wednesday, April 8th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.
About Aurubis
Aurubis AG, headquartered in Hamburg, Germany, is a leading integrated copper producer and recycler. Founded in 1866 as Norddeutsche Affinerie, the company has evolved into a global multi‐metal provider, focusing on the smelting, refining and recycling of copper concentrates and copper scrap. Aurubis serves as a key supplier of high‐purity copper products to industries such as electrical engineering, construction, automotive and electronics.
The company’s core activities encompass primary copper production from mined concentrates and secondary production from recycled materials.
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