Alcoa Corp (NYSE: AA) started the day on Thursday, with a price decrease of -2.55% at $38.17, before settling in for the price of $39.17 at the close. Taking a more long-term approach, AA posted a 52-week range of $23.07-$45.48.
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The Basic Materials sector firm’s twelve-monthly sales growth has been -2.77% for the last half of the decade. Nevertheless, stock’s Earnings Per Share (EPS) this year is 117.75%. This publicly-traded company’s shares outstanding now amounts to $258.34 million, simultaneously with a float of $256.36 million. The organization now has a market capitalization sitting at $9.86 billion. At the time of writing, stock’s 50-day Moving Average stood at $32.94, while the 200-day Moving Average is $34.08.
Alcoa Corp (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 Corp’s current insider ownership accounts for 0.77%, in contrast to 62.53% 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
Alcoa Corp’s EPS increase for this current 12-month fiscal period is 117.75% and is forecasted to reach 2.60 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 0.92. The Stock has managed to achieve an average true range (ATR) of 1.57. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.92.
In the same vein, AA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.08, a figure that is expected to reach 0.33 in the next quarter, and analysts are predicting that it will be 2.60 at the market close of one year from today.
Technical Analysis of Alcoa Corp (AA)
If we take a close look at the recent performances of Alcoa Corp (NYSE: AA), its last 5-days Average volume was 4.15 million that shows plunge from its year to date volume of 6.01 million. During the previous 9 days, stock’s Stochastic %D was recorded 78.54% While, its Average True Range was 1.58.
Raw Stochastic average of Alcoa Corp (AA) in the period of the previous 100 days is set at 60.19%, which indicates a major fall in contrast to 69.98% 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 56.18% that was higher than 49.89% volatility it exhibited in the past 100-days period.
