Witnessing the stock’s movement on the chart, on Wednesday, Alcoa Corp (NYSE: AA) had a quiet start as it plunged -1.71% to $36.19, before settling in for the price of $36.82 at the close. Taking a more long-term approach, AA posted a 52-week range of $23.07-$42.23.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
It was noted that the giant of the Basic Materials sector posted annual sales growth of -2.77% over the last 5 years. Nevertheless, stock’s Earnings Per Share (EPS) this year is 103.92%. This publicly-traded company’s shares outstanding now amounts to $178.47 million, simultaneously with a float of $177.41 million. The organization now has a market capitalization sitting at $6.50 billion. At the time of writing, stock’s 50-day Moving Average stood at $30.02, while the 200-day Moving Average is $29.61.
Alcoa Corp (AA) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Aluminum industry. Alcoa Corp’s current insider ownership accounts for 1.20%, in contrast to 84.61% institutional ownership. According to the most recent insider trade that took place on Mar 13 ’24, this organization’s EVP & CHRO sold 26,468 shares at the rate of 30.78, making the entire transaction reach 814,582 in total value, affecting insider ownership by 41,166. Preceding that transaction, on Mar 13 ’24, Company’s EVP & CHRO sold 1,440 for 30.67, making the whole transaction’s value amount to 44,165. This particular insider is now the holder of 9,265 in total.
Alcoa Corp (AA) Earnings and Revenue Records
As on 12/30/2023, Multinational firm has announced its last quarter scores, in which it reported -$0.56 earnings per share (EPS) for the period topping the consensus outlook (set at -$0.86) by $0.3. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
Alcoa Corp’s EPS increase for this current 12-month fiscal period is 103.92% and is forecasted to reach 2.03 in the upcoming year.
Alcoa Corp (NYSE: AA) Trading Performance Indicators
Let’s observe the current performance indicators for Alcoa Corp (AA). It’s Quick Ratio in the last reported quarter now stands at 0.74. The Stock has managed to achieve an average true range (ATR) of 1.33. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.61.
In the same vein, AA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.66, a figure that is expected to reach -0.55 in the next quarter, and analysts are predicting that it will be 2.03 at the market close of one year from today.
Technical Analysis of Alcoa Corp (AA)
Going through the that latest performance of [Alcoa Corp, AA]. Its last 5-days volume of 5.67 million was inferior to the volume of 6.23 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 77.36% While, its Average True Range was 1.34.
Raw Stochastic average of Alcoa Corp (AA) in the period of the previous 100 days is set at 89.33%, which indicates a major rise in contrast to 78.33% 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 36.14% that was lower than 55.49% volatility it exhibited in the past 100-days period.
