Ternium S.A. American Depositary Shares (each representing ten shares USD1.00 par value): 52-Week High Recently Eclipsed (TX)

July 9, 2021 10:18:35

Shares of Ternium S.A. American Depositary Shares (each representing ten shares USD1.00 par value) (NYSE:TX) traded at a new 52-week high today of $42.80. This new high was reached on below average trading volume as 253,000 shares traded hands, while the average 30-day volume is approximately 805,000 shares.

Ternium SA is a flat steel producer operating in Mexico, Brazil, Argentina, Colombia, the southern United States, and Central America. It produces finished and semi-finished steel products and iron ore, which are sold either directly to steel manufacturers and steel processors or end-users. The company operates in two segments: Steel and Mining. In its steel segment, the company produces slabs, billets & round bars, hot-rolled coils & sheets, bars & stirrups, wire rods, steel pipes, and other products. The Mining segment sells iron ore as concentrates (fines) and pellets. The vast majority of its revenue comes from the steel segment. Its geographical segments are Mexico, the Southern region, and Brazil & Other markets.

Ternium S.A. American Depositary Shares (each representing ten shares USD1.00 par value) share prices have moved between a 52-week high of $42.80 and a 52-week low of $14.12 and are now trading 201% above that low price at $42.52 per share.

Ternium S.A. American Depositary Shares (each representing ten shares USD1.00 par value) (NYSE:TX) defies analysts with a current price ($42.52) 51.8% above its average consensus price target of $20.49.

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