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

Shares of ALS Limited (OTCMKTS:CPBLF) traded up 13% during mid-day trading on Friday . The stock traded as high as $18.19 and last traded at $18.19. 399 shares were traded during mid-day trading, a decline of 32% from the average session volume of 583 shares. The stock had previously closed at $16.10.

Analysts Set New Price Targets

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

ALS Stock Performance

The company’s fifty day moving average is $15.23 and its 200-day moving average is $12.83.

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.