Constellium (NYSE:CSTM) Shares Pass Above 200 Day Moving Average – Here’s Why
Constellium SE (NYSE:CSTM) shares moved above their 200-day moving average on Monday, trading up to $33.54 and last at $33.26 versus a 200-day average near $23.72. The stock also saw analyst changes: Zacks upgraded to strong-buy; Deutsche Bank reiterated buy with a $40 target; JPMorgan raised its $34 target. The company reported April 29 EPS of $1.42 and revenue of $2.46B, and approved a $300M buyback.