Constellium N.V. (NYSE:CSTM) : Traders are bullish on Constellium N.V. (NYSE:CSTM) as it has outperformed the S&P 500 by a wide margin of 3.88% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.57%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.86% in the last 1 week, and is up 5.56% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The company shares have dropped -53.40% from its 1 Year high price. On Aug 5, 2015, the shares registered one year high at $11.90 and the one year low was seen on Oct 30, 2015. The 50-Day Moving Average price is $4.77 and the 200 Day Moving Average price is recorded at $5.55.
The stock has recorded a 20-day Moving Average of 8.18% and the 50-Day Moving Average is 1.74%.
Constellium N.V. (NYSE:CSTM): stock turned positive on Friday. Though the stock opened at $4.73, the bulls momentum made the stock top out at $4.96 level for the day. The stock recorded a low of $4.68 and closed the trading day at $4.94, in the green by 6.01%. The total traded volume for the day was 1,178,214. The stock had closed at $4.66 in the previous days trading.
Constellium N.V., formerly Constellium Holdco BV, is a Netherlands-based company, which is engaged in the manufacture of aluminum products and solutions. The Company is a supplier of such sectors as: aerospace, automotive and packaging. The Company offers plates, sheet and coil, precision casting, cockpit carriers for vehicles, vehicle safety components, profiles, as well as tubes and bars, among others. Its main customers include: Airbus, Boeing, Embraer, Audi, BMW, Citroen, Renault, Mercedes Benz, Jaguar and others. The Company is active domestically and abroad, including North America, Europe and Asia.