On Friday, Alcoa Corp (NYSE: AA) was 6.82% up from the session before settling in for the closing price of $41.21. A 52-week range for AA has been $23.80 – $46.55.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Basic Materials sector was -2.77%. When this article was written, the company’s average yearly earnings per share was at 133.37%. With a float of $256.39 million, this company’s outstanding shares have now reached $258.36 million.
Considering the fact that the conglomerate employs 13600 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 6.97%, operating margin of 2.65%, and the pretax margin is -1.15%.
Alcoa Corp (AA) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Alcoa Corp stocks. The insider ownership of Alcoa Corp is 0.76%, while institutional ownership is 74.38%. The most recent insider transaction that took place on Oct 22 ’24, was worth 1,009,431. In this transaction EVP & Chief Commercial Officer of this company sold 23,867 shares at a rate of $42.29, taking the stock ownership to the 57,317 shares. Before that another transaction happened on Oct 22 ’24, when Company’s Officer proposed sale 23,867 for $42.29, making the entire transaction worth $1,009,430.
Alcoa Corp (AA) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 133.37% per share during the next fiscal year.
Alcoa Corp (NYSE: AA) Trading Performance Indicators
You can see what Alcoa Corp (AA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.75, a number that is poised to hit 0.80 in the next quarter and is forecasted to reach 3.14 in one year’s time.
Technical Analysis of Alcoa Corp (AA)
Compared to the last year’s volume of 5.87 million, its volume of 5.8 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 28.42%. Additionally, its Average True Range was 1.82.
During the past 100 days, Alcoa Corp’s (AA) raw stochastic average was set at 86.98%, which indicates a significant increase from 64.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.09% in the past 14 days, which was higher than the 50.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.94, while its 200-day Moving Average is $35.71. Nevertheless, the first resistance level for the watch stands at $45.01 in the near term. At $46.00, the stock is likely to face the second major resistance level. The third major resistance level sits at $46.85. If the price goes on to break the first support level at $43.17, it is likely to go to the next support level at $42.32. Now, if the price goes above the second support level, the third support stands at $41.33.
Alcoa Corp (NYSE: AA) Key Stats
There are 258,355K outstanding shares of the company, which has a market capitalization of 12.15 billion. As of now, sales total 10,551 M while income totals -651,000 K. Its latest quarter income was 2,904 M while its last quarter net income were 90,000 K.
