Allegheny Technologies Incorporated (ATI) Moves Higher on Volume Spike for September 21

Equities Staff  |

Allegheny Technologies Incorporated (ATI) traded on unusually high volume on Sep. 21, as the stock gained 0.53% to close at $28.66. On the day, Allegheny Technologies Incorporated saw 2.32 million shares trade hands on 10,840 trades. Considering that the stock averages only a daily volume of 1.34 million shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $30.25 and $21.01 over the last 52-weeks, its 50-day SMA is now $26.75, and its 200-day SMA $26.55. Allegheny Technologies Incorporated has a P/B ratio of 1.87.

Allegheny Technologies Inc is a diversified specialty metals producer. Its products include titanium and titanium alloys, nickel-based alloys and specialty steels, precision forgings, castings and machined components, and zirconium.

Headquartered in Pittsburgh, PA, Allegheny Technologies Incorporated has 8,600 employees and is currently under the leadership of CEO Richard J. Harshman.

For a complete fundamental analysis analysis of Allegheny Technologies Incorporated, check out’s Stock Valuation Analysis report for ATI.

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To get more information on Allegheny Technologies Incorporated and to follow the company’s latest updates, you can visit the company’s profile page here: ATI’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:



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