CSTM Stock Summary and Trading Ideas (Constellium Se Ordinary Shares (France) | NYSE:CSTM)

Constellium SE is engaged in the design and manufacture of rolled and extruded aluminium products, serving the packaging, aerospace, automotive, defence and other transportation and industry end-markets. The business is organized into three operating segments: i) Packaging and Automotive Rolled Products segment which includes the production of rolled aluminium products in European and North American facilities. ii) Aerospace and Transportation segment includes the production of rolled aluminium products and very limited volumes of extruded products in European and North American facilities. iii) The Automotive Structures and Industry segment includes the production of extruded aluminium products and aluminium structural components.

Constellium Se Ordinary Shares (France) trades on the NYSE stock market under the symbol CSTM.

As of April 22, 2024, CSTM stock price climbed to $21.13 with 1,879,485 million shares trading.

CSTM has a beta of 1.65, meaning it tends to be more sensitive to market movements. CSTM has a correlation of 0.46 to the broad based SPY ETF.

CSTM has a market cap of $3.10 billion. This is considered a Mid Cap stock.

In the last 3 years, CSTM stock traded as high as $23.20 and as low as $9.82.

The top ETF exchange traded funds that CSTM belongs to (by Net Assets): IWM, IWO, FNDA, VTWO, IWN.

CSTM has outperformed the market in the last year with a return of +43.2%, while the SPY ETF gained +22.3%. In the last 3 month period, CSTM beat the market returning +13.5%, while SPY returned +3.9%. However, in the most recent 2 weeks CSTM has underperformed the stock market by returning -5.8%, while SPY returned -3.6%.

CSTM support price is $20.29 and resistance is $21.15 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CSTM stock will trade within this expected range on the day.