Allegheny Technologies Incorporated (ATI) Shares are Down -4.09%

Allegheny Technologies Incorporated (ATI) : During the past 4 weeks, traders have been relatively bearish on Allegheny Technologies Incorporated (ATI), hence the stock is down -6.32% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.46% relative to the S&P 500. The 4-week change in the price of the stock is -6.51% and the stock has fallen -4.09% in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 3.99% and the fifty day Moving Average is 7.77%. Allegheny Technologies Inc. is up 36.86% in the last three month period. Year-to-Date the stock performance stands at 50.43%.

Allegheny Technologies Incorporated (ATI) : The most positive equity analysts on Allegheny Technologies Incorporated (ATI) expects the shares to touch $21, whereas, the least positive believes that the stock will trade at $15 in the short term. The company is covered by 4 Wall Street Brokerage Firms. The average price target for shares are $17.75 with an expected fluctuation of $3.2 from the mean.


Allegheny Technologies Incorporated (NYSE:ATI): On Fridays trading session , Opening price of the stock was $17 with an intraday high of $17.27. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $16.55. However, the stock managed to close at $16.65, a loss of 0.95% for the day. On the previous day, the stock had closed at $16.81. The total traded volume of the day was 2,438,749 shares.

Allegheny Technologies Incorporated is a specialty materials and components producer. The Companys standard products include specialty stainless sheet, stainless steel sheet and stainless steel plate. It operates through two business segments: High Performance Materials & Components and Flat Rolled Products. Its High Performance Materials & Components segment produces, converts and distributes high performance materials, including titanium and titanium-based alloys, nickel- and cobalt-based alloys and superalloys, zirconium and related alloys. Its Flat Rolled Products segment produces, converts and distributes stainless steel, nickel-based alloys, specialty alloys, and titanium and titanium-based alloys.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.