A new trading day began on Friday, with Alcoa Corp (NYSE: AA) stock price down -2.11% from the previous day of trading, before settling in for the closing price of $46.45. AA’s price has ranged from $23.80 to $46.60 over the past 52 weeks.
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Basic Materials Sector giant saw their annual sales slid by -2.77% over the last five years. Meanwhile, its annual earnings per share averaged 133.33%. With a float of $256.40 million, this company’s outstanding shares have now reached $258.36 million.
The firm has a total of 13600 workers. Let’s measure their productivity. In terms of profitability, gross margin is 6.97%, operating margin of 2.65%, and the pretax margin is -1.15%.
Alcoa Corp (AA) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Aluminum Industry. The insider ownership of Alcoa Corp is 0.76%, while institutional ownership is 74.39%. 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) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 133.33% per share during the next fiscal year.
Alcoa Corp (NYSE: AA) Trading Performance Indicators
Here are Alcoa Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.80. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.05.
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 3.13 in one year’s time.
Technical Analysis of Alcoa Corp (AA)
Analysing the last 5-days average volume posted by the [Alcoa Corp, AA], we can find that recorded value of 3.72 million was lower than the volume posted last year of 5.83 million. As of the previous 9 days, the stock’s Stochastic %D was 91.21%. Additionally, its Average True Range was 1.65.
During the past 100 days, Alcoa Corp’s (AA) raw stochastic average was set at 94.20%, which indicates a significant increase from 82.59% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.45% in the past 14 days, which was higher than the 50.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.47, while its 200-day Moving Average is $36.15. Now, the first resistance to watch is $46.10. This is followed by the second major resistance level at $46.72. The third major resistance level sits at $47.11. If the price goes on to break the first support level at $45.09, it is likely to go to the next support level at $44.70. Should the price break the second support level, the third support level stands at $44.08.
Alcoa Corp (NYSE: AA) Key Stats
With a market capitalization of 11.50 billion, the company has a total of 258,355K Shares Outstanding. Currently, annual sales are 10,551 M while annual income is -651,000 K. The company’s previous quarter sales were 2,904 M while its latest quarter income was 90,000 K.
