Rosenblatt disclosed Universal Stainless Alloy (NASDAQ:USAP), hiking its price target to $19.00 earlier today
- Updated: January 11, 2017
Reporting a potential upside of 0.38%, Rosenblatt upped the price target of Universal Stainless Alloy (NASDAQ:USAP) to $19.00
Just yesterday Universal Stainless Alloy (NASDAQ:USAP) traded 0.80% higher at $13.81. Universal Stainless Alloy’s 50-day moving average is $13.70 and its 200-day moving average is $11.47. The last stock price is up 21.37% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.04% over the same time period. 289 shares of USAP traded hands, down from an average trading volume of 20,033
Recent Performance Chart
Universal Stainless Alloy has 52 week low of $6.10 and a 52 week high of $15.37 and has a market capitalization of $0.
Brief Synopsis On Universal Stainless Alloy (NASDAQ:USAP)
Universal Stainless & Alloy Products, Inc. and its subsidiaries, manufacture and market semi-finished and finished specialty steel products, including stainless steel, nickel alloys, tool steel and certain other alloyed steels. The Company's product lines include Stainless Steel, High-Strength Low Alloy Steel, Tool Steel and High-Temperature Alloy Steel. It produces a range of specialty steel grades using various manufacturing processes, including argon oxygen decarburization (AOD), electro-slag remelted (ESR), vacuum induction melting (VIM) and vacuum-arc remelted (VAR). Its manufacturing process involves melting, remelting, heat treating, hot and cold rolling, forging, machining and cold drawing of semi-finished and finished specialty steels. Its products are sold to service centers, forgers, rerollers, original equipment manufacturers (OEMs) and wire redrawers. It operates in four locations: Bridgeville and Titusville, Pennsylvania; Dunkirk, New York, and North Jackson, Ohio.
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