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 $45.08. So far today approximately 153,000 shares have been exchanged, as compared to an average 30-day volume of 845,000 shares.
Based on a current price of $44.55, Ternium S.A. American Depositary Shares (each representing ten shares USD1.00 par value) is currently 45.2% above its average consensus analyst price target of $24.43.
Over the past year, Ternium S.A. American Depositary Shares (each representing ten shares USD1.00 par value) has traded in a range of $14.22 to $45.08 and is now at $44.55, 213% above that low.
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.
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