ALS (OTCMKTS:CPBLF) Trading Up 2.1% – Should You Buy?

ALS Limited (OTCMKTS:CPBLF) shares shot up 2.1% on Friday . The company traded as high as $14.50 and last traded at $14.50. 1,148 shares traded hands during mid-day trading, an increase of 85% from the average session volume of 622 shares. The stock had previously closed at $14.20.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group set a $28.00 price target on ALS and gave the company a “buy” rating in a research note on Thursday, January 29th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.00.

ALS Price Performance

The company’s 50 day moving average price is $16.17 and its 200-day moving average price is $13.42.

About ALS

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.