Angang Steel Company Limited (OTCMKTS:ANGGF – Get Free Report)’s stock price was down 16% during mid-day trading on Wednesday . The stock traded as low as $0.22 and last traded at $0.22. Approximately 400 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 2,800 shares. The stock had previously closed at $0.26.
Analysts Set New Price Targets
Several research firms have recently weighed in on ANGGF. HSBC raised shares of Angang Steel from a “hold” rating to a “buy” rating in a report on Wednesday, August 23rd. JPMorgan Chase & Co. began coverage on shares of Angang Steel in a report on Tuesday, August 15th. They set a “neutral” rating for the company.
Read Our Latest Analysis on ANGGF
Angang Steel Trading Down 16.0 %
About Angang Steel
Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China and internationally. Its principal products include hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products.
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