A number of investment brokers have recently updated their price targets on shares of Metalico Inc (MEA).
Most recent broker ratings
05/18/2015 – Metalico Inc was upgraded to “buy” by analysts at Zacks. They now have a USD 0.5 price target on the stock.
10/13/2014 – Metalico Inc had its “neutral” rating reiterated by analysts at D.A. Davidson. They now have a USD 1 price target on the stock.
The share price of Metalico Inc (MEA) was up +0.00% during the last trading session, with a day high of 0.00. 0 shares were traded on Metalico Inc’s last session.
The stock’s 50 day moving average is 0.52 and its 200 day moving average is 0.46. Metalico Inc has a 52-week low of 0.26 and a 52-week high of 1.25.
Metalico, Inc. along with its subsidiaries operates as a scrap metal recycling company. The Company operates twenty-eight scrap metal recycling facilities, including an aluminum de-oxidizing plant co-located with a scrap metal recycling facility. Its operations primarily involve the collection and processing of ferrous and non-ferrous metals. It collects industrial and obsolete scrap metal, process it into reusable forms and supply the recycled metals to its ultimate consumers that include electric arc furnace mills, integrated steel mills, foundries, secondary smelters, aluminum recyclers and metal brokers. It acquires unprocessed scrap metals primarily in its local and regional markets and sells to consumers nationally and in Canada, as well as to exporters and international brokers. Some of the metal commodities it recycles include steel, copper, aluminum, stainless steel, molybdenum, tantalum, platinum and lead, among others.