Aurubis (OTCMKTS:AIAGY) Trading Up 5.1% – Should You Buy?

Aurubis AG (OTCMKTS:AIAGY)’s share price was up 5.1% during mid-day trading on Wednesday . The company traded as high as $58.20 and last traded at $58.20. Approximately 104 shares changed hands during trading, a decline of 68% from the average daily volume of 320 shares. The stock had previously closed at $55.40.

Wall Street Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Aurubis in a research note on Thursday, July 10th. One analyst has rated the stock with a Hold rating, According to MarketBeat, Aurubis presently has an average rating of “Hold”.

Aurubis Trading Up 5.1%

The firm has a 50-day simple moving average of $51.67 and a two-hundred day simple moving average of $47.03.

Aurubis Company Profile

Aurubis AG processes metal concentrates and recycling materials in Germany. The company processes scrap metals, organic and inorganic metalbearing recycling raw materials, and industrial residues. It also offers wire rods and specialty wires, shapes, bars and profiles, industrial rolled products, and architectural rolled products.