Alcoa Corporation (NYSE: AA) started the day on February 19, 2021, with a price increase of 9.52% at $23.13. During the day, the stock rose to $23.34 and sunk to $21.55 before settling in for the price of $21.12 at the close. Taking a more long-term approach, AA posted a 52-week range of $5.16-$26.20.
The company of the Basic Materials sector’s yearbook sales growth during the past 5- year span was recorded -4.50%. Meanwhile, its Annual Earning per share during the time was -34.10%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -559.70%. This publicly-traded company’s shares outstanding now amounts to $186.00 million, simultaneously with a float of $184.82 million. The organization now has a market capitalization sitting at $3.93 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.00, while the 200-day Moving Average is $15.40.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 13800 employees. For the Profitability, stocks gross margin was +7.15, operating margin was +4.64 and Pretax Margin of +1.86.
Alcoa Corporation (AA) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Aluminum Industry. Alcoa Corporation’s current insider ownership accounts for 0.80%, in contrast to 79.50% institutional ownership. According to the most recent insider trade that took place on Jan 27, this organization’s Director bought 400 shares at the rate of 17.50, making the entire transaction reach 7,000 in total value, affecting insider ownership by 32,336. Preceding that transaction, on Dec 02, Company’s EVP & CHRO sold 1,500 for 21.19, making the whole transaction’s value amount to 31,778. This particular insider is now the holder of 3,750 in total.
Alcoa Corporation (AA) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2020, the organization reported $0.26 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.11) by $0.15. This company achieved a net margin of -1.83 while generating a return on equity of -4.60. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.43 per share during the current fiscal year.
Alcoa Corporation’s EPS decrease for this current 12-month fiscal period is -559.70% and is forecasted to reach 1.18 in the upcoming year.
Alcoa Corporation (NYSE: AA) Trading Performance Indicators
Let’s observe the current performance indicators for Alcoa Corporation (AA). It’s Quick Ratio in the last reported quarter now stands at 1.20. The Stock has managed to achieve an average true range (ATR) of 1.14. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.42. Similarly, its price to free cash flow for trailing twelve months is now 16.03.
In the same vein, AA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.92, a figure that is expected to reach 0.38 in the next quarter, and analysts are predicting that it will be 1.18 at the market close of one year from today.
Technical Analysis of Alcoa Corporation (AA)
If we take a close look at the recent performances of Alcoa Corporation (NYSE: AA), its last 5-days Average volume was 4.52 million that shows plunge from its year to date volume of 6.29 million. During the previous 9 days, stock’s Stochastic %D was recorded 67.15% While, its Average True Range was 1.13.
Raw Stochastic average of Alcoa Corporation (AA) in the period of the previous 100 days is set at 79.83%, which indicates a major fall in contrast to 96.22% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 48.91% that was lower than 58.61% volatility it exhibited in the past 100-days period.