Kaiser Aluminum traded at $169.29 this Friday May 15th, decreasing $8.55 or 4.81 percent since the previous trading session. Looking back, over the last four weeks, Kaiser Aluminum lost 17.51 percent. Over the last 12 months, its price rose by 133.28 percent. Looking ahead, we forecast Kaiser Aluminum to be priced at 165.89 by the end of this quarter and at 156.08 in one year, according to Trading Economics global macro models projections and analysts expectations.
Kaiser Aluminum Corporation manufactures and sells semi-fabricated specialty aluminum mill products. The Company's fabricated aluminum mill products include flat-rolled (plate and sheet), extruded (rod, bar, hollows and shapes), drawn (rod, bar, pipe, tube and wire) and certain cast aluminum products. It focuses on producing rolled, extruded and drawn aluminum products used principally for aerospace and defense, automotive and general engineering products that include consumer durables, electronics and products for electrical and machinery and equipment applications. It offers its products for various end market applications, such as aerospace and high strength (Aero/HS products), automotive (Automotive Extrusions), general engineering (GE products), and other industrial (Other products). Its rolling mill in Spokane, Washington (Trentwood) produces heat treat plate and sheet for aerospace and general engineering end market applications.