Allegheny Technologies Incorporated (ATI) Plunges 6.56% on November 08

Equities Staff  |

Allegheny Technologies Incorporated (ATI) had a rough trading day for Wednesday November 08 as shares tumbled 6.56%, or a loss of $-1.67 per share, to close at $23.80. After opening the day at $24.16, shares of Allegheny Technologies Incorporated traded as high as $24.19 and as low as $23.17. Volume was 14.67 million shares over 74,050 trades, against an average daily volume of 1.9 million shares and a total float of 108.88 million.

As a result of the decline, Allegheny Technologies Incorporated now has a market cap of $2.59 billion. In the last year, shares of Allegheny Technologies Incorporated have traded between a range of $26.59 and $14.11, and its 50-day SMA is currently $23.60 and 200-day SMA is $19.45.

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

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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.

Allegheny Technologies Incorporated is based out of Pittsburgh, PA and has some 8,500 employees. Its CEO is Richard J. Harshman.

Allegheny Technologies Incorporated is a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

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 Equities.com’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.



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