Stock price performance of Allegheny Technologies Incorporated is analyzed for various periods using several stock trading signals. In this case, The stock price has rallied 27.43% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 24.71% . Looking at the past 52 week period, the stock price is up at 106.78% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Allegheny Technologies Incorporated has a negative value of -2.27 compared to overall market performance. The stock has recorded a 20-day Moving Average of 26.09% and the 50-Day Moving Average is 26.42%.The 200 Day SMA reached 36.84%
Based on the Stock Research Allegheny Technologies Incorporated Relative Strength Index signal is in over bought territory with a range of 69.32. Allegheny Technologies Incorporated (NYSE:ATI) has tumbled 0.82% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 34.64% in the last four weeks. The stocks have underperformed the S&P 500 by 0.94% during the past week but Allegheny Technologies Incorporated (NYSE:ATI) it has outperformed the index in 4 weeks by 33.44%.
Company has reported several Insider transactions to the SEC, on Dec 18, 2015, Elizabeth C Powers (Senior VP, CHRO) purchased 5,000 shares at 10.43 per share price.On Oct 29, 2015, Elliot S Davis (Sr VP, GC, CCO and Secretary) purchased 2,000 shares at 14.36 per share price.On Oct 29, 2015, Richard J Harshman (CEO) purchased 17,500 shares at 14.55 per share price.
Allegheny Technologies Incorporated Last issued its quarterly earnings results on Jan 24, 2017. The company reported $-0.04 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $-0.12. The company had revenue of $796.00 million for the quarter, compared to analysts expectations of $800.11 million. The companys revenue was up 7.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.56 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Allegheny Technologies Incorporated was Downgraded by Berenberg to Sell on Feb 2, 2017. Allegheny Technologies Incorporated was Downgraded by BofA/Merrill to Underperform on Jan 20, 2017. Allegheny Technologies Incorporated was Downgraded by Seaport Global Securities on Jan 5, 2017 to Neutral, Lowers Price Target to $ 18 from a previous price target of $19 .
Allegheny Technologies Incorporated (NYSE:ATI) : On Friday heightened volatility was witnessed in Allegheny Technologies Incorporated (NYSE:ATI) which led to swings in the share price. The stock opened for trading at $21.52 and hit $21.8 on the upside , eventually ending the session at $21.65, with a gain of 0.23% or 0.05 points. The heightened volatility saw the trading volume jump to 1,709,418 shares. The 52-week high of the share price is $23.69 and the company has a market cap of $2,358 million. The 52-week low of the share price is at $8.04 .
Allegheny Technologies Incorporated is one of the largest and most diversified producers of specialty materials in the world. The companys talented people use innovative technologies to offer growing global markets a wide range of specialty materials including stainless steel, nickel-based and cobalt-based alloys and superalloys, titanium and titanium alloys, specialty steel alloys, zirconium and related alloys, and tungsten-based specialty materials. The goal is to be the low cost, high quality supplier to global markets. (PRESS RELEASE)