Maanshan Iron & Steel (OTCMKTS:MAANF) Stock Rating Lowered by The Goldman Sachs Group

The Goldman Sachs Group downgraded shares of Maanshan Iron & Steel (OTCMKTS:MAANF – Get Rating) from a buy rating to a sell rating in a research report released on Monday morning, The Fly reports.

Shares of Maanshan Iron & Steel stock opened at $0.40 on Monday. The business has a fifty day simple moving average of $0.41 and a 200-day simple moving average of $0.39. Maanshan Iron & Steel has a fifty-two week low of $0.35 and a fifty-two week high of $0.61.

Maanshan Iron & Steel Company Profile (Get Rating)

Maanshan Iron & Steel Company Limited, together with its subsidiaries, manufactures and sells iron and steel products, and related by-products in Mainland China, Hong Kong, and internationally. It offers steel plates, including hot and cold-rolled thin plates, galvanized plates, coil-coating plates, and medium plates; section steel products comprising H-shaped steel and medium-shaped steel; high-speed wire rod and hot-rolled reinforcing steel products; and rain wheels and wheel rims.

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