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Zacks Investment Research downgraded Haynes International, Inc. (NASDAQ:HAYN) to Strong Sell in a report released today.

Yesterday Haynes International, Inc. (NASDAQ:HAYN) traded -0.32% lower at $43.57. The company’s 50-day moving average is $36.68 and its 200-day moving average is $35.25. The last closing price is up 23.60% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 66,996 shares of the stock traded hands, down from an average trading volume of 85,823

Zacks Investment Research has downgraded Haynes International, Inc. (NASDAQ:HAYN) to Strong Sell in a report released on 11/29/2016.

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Haynes International, Inc. (NASDAQ:HAYN)

Haynes International, Inc. has a PE ratio of 108.92 with a one year low of $25.53 and a one year high of $45.92 Haynes International, Inc.’s market capitalization is presently $0.

A total of 4 analysts have released a report on Haynes International, Inc.. Two analysts rating the company a strong buy, one analyst rating the company a buy, three analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $39.25.

General Company Details For Haynes International, Inc. (NASDAQ:HAYN)

Haynes International, Inc. (Haynes) is a producer of nickel- and cobalt-based alloys in flat product forms, such as sheet, coil and plate forms. The Company also produces its products as seamless and welded tubulars, and in slab, bar, billet and wire forms. It focuses on developing, manufacturing, marketing and distributing alloys, which are sold in the aerospace, chemical processing and industrial gas turbine industries. Its products consist of high-temperature resistant alloys (HTA) products and corrosion-resistant alloys (CRA) products. Its HTA products are used in manufacturing components for the hot sections of gas turbine engines. Its CRA products are used in a range of applications, such as chemical processing, power plant emissions control, hazardous waste treatment, sour gas production and pharmaceutical vessels. The Company has a four-high Steckel rolling mill used in hot rolling high-performance alloys. The Company has operations in the United States, Europe and China.

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