Kaiser Aluminum Corporation (KALU) Soars 1.01%

Kaiser Aluminum Corporation (KALU) Soars 1.01%

Kaiser Aluminum Corporation is a Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers.

Kaiser Aluminum Corporation (KALU) had a good day on the market for Thursday January 14 as shares jumped 1.01% to close at $105.99. About 89,915 shares traded hands on 2,586 trades for the day, compared with an average daily volume of n/a shares out of a total float of 15.81 million. After opening the trading day at $105.72, shares of Kaiser Aluminum Corporation stayed within a range of $108.03 to $104.90.

With today’s gains, Kaiser Aluminum Corporation now has a market cap of $1.68 billion. Shares of Kaiser Aluminum Corporation have been trading within a range of $112.00 and $50.50 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Kaiser Aluminum Corp produces and sells semi-fabricated specialty aluminum products primarily to industrial customers. The firm purchases primary and scrap aluminum, primarily from its five largest suppliers, and processes it into specialized value-added products. The company hedges its aluminum costs in an attempt to match commodity price changes between the time it purchases the raw materials and sells the finished products. Kaiser produces high-strength aluminum products for the aerospace industry, specialized aluminum extrusions for the automotive industry, and also sells products to customers in the general engineering industry. Nearly all of Kaiser’s revenue is generated in the US, with the remainder coming from Canada. The company’s operations are also located in the US and Canada.

Kaiser Aluminum Corporation is based out of Foothill Ranch, CA and has some 2,585 employees. Its CEO is Keith A. Harvey.

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