ALS (OTCMKTS:CPBLF) Trading Up 13% – Here’s What Happened

ALS Limited (OTCMKTS:CPBLF)’s share price rose 13% on Friday . The company traded as high as $18.19 and last traded at $18.19. Approximately 399 shares changed hands during mid-day trading, a decline of 32% from the average daily volume of 583 shares. The stock had previously closed at $16.10.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group set a $28.00 price objective on ALS and gave the stock a “buy” rating in a report on Thursday, January 29th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $28.00.

ALS Trading Up 13.0%

The company’s fifty day moving average is $15.23 and its two-hundred day moving average is $12.82.

ALS Company Profile

ALS Limited (OTCMKTS:CPBLF) is a global provider of testing, inspection and certification services across a wide range of industries. The company offers analytical and advisory support designed to help clients meet regulatory standards, manage risk and optimise product quality. Its core services include environmental testing, food and pharmaceutical analysis, industrial inspection and specialist geochemistry.

In the environmental sector, ALS delivers water, soil and air quality testing for government agencies and private organisations, supporting initiatives in pollution monitoring and remediation.