Aurubis (OTCMKTS:AIAGY) Stock Price Up 27,380.9% – Should You Buy?

Aurubis AG (OTCMKTS:AIAGY)’s stock price rose 27,380.9% during trading on Monday . The company traded as high as $17,629.00 and last traded at $17,629.00. Approximately 4 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 375 shares. The stock had previously closed at $64.15.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AIAGY shares. Morgan Stanley lowered shares of Aurubis to an “underweight” rating in a report on Friday, October 17th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Aurubis in a report on Monday, October 13th. One investment analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Aurubis currently has an average rating of “Reduce”.

Aurubis Trading Up 27,380.9%

The company’s fifty day moving average is $412.15 and its 200 day moving average is $175.10.

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.