Angang Steel (OTCMKTS:ANGGF) Rating Lowered to Neutral at The Goldman Sachs Group

The Goldman Sachs Group cut shares of Angang Steel (OTCMKTS:ANGGFGet Rating) from a buy rating to a neutral rating in a research note released on Tuesday morning, The Fly reports.

Angang Steel Stock Performance

Shares of Angang Steel stock opened at $0.44 on Tuesday. The stock’s 50-day moving average is $0.44 and its 200-day moving average is $0.44. Angang Steel has a one year low of $0.43 and a one year high of $0.51.

Angang Steel Company Profile

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Angang Steel Company Limited engages in the production, processing, and sale of steel products in the People's Republic of China. Its principal products include hot rolled sheets, medium and thick plates, cold rolled sheets, galvanized steel sheets, color coating plates, cold rolled silicon steel, heavy rails and sections, seamless steel pipes and wire rods, and other products.

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