Alcoa Corp (AA) is 11.29% away from 50-day simple Moving Average despite all headwinds

Alcoa Corp (NYSE: AA) started the day on Wednesday, with a price decrease of -3.25% at $45.88, before settling in for the price of $47.42 at the close. Taking a more long-term approach, AA posted a 52-week range of $23.80-$47.77.

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

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 133.49%. This publicly-traded company’s shares outstanding now amounts to $258.36 million, simultaneously with a float of $256.40 million. The organization now has a market capitalization sitting at $11.47 billion. At the time of writing, stock’s 50-day Moving Average stood at $41.22, while the 200-day Moving Average is $36.45.

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 0.76%, in contrast to 74.39% institutional ownership. According to the most recent insider trade that took place on Oct 22 ’24, this organization’s EVP & Chief Commercial Officer sold 23,867 shares at the rate of 42.29, making the entire transaction reach 1,009,431 in total value, affecting insider ownership by 57,317.

Alcoa Corp (AA) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.11 per share during the current fiscal year.

Alcoa Corp’s EPS increase for this current 12-month fiscal period is 133.49% and is forecasted to reach 3.31 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 0.80. The Stock has managed to achieve an average true range (ATR) of 1.67. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.05.

In the same vein, AA’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.75, a figure that is expected to reach 0.80 in the next quarter, and analysts are predicting that it will be 3.31 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 4.03 million that shows plunge from its year to date volume of 5.81 million. During the previous 9 days, stock’s Stochastic %D was recorded 84.50% While, its Average True Range was 1.68.

Raw Stochastic average of Alcoa Corp (AA) in the period of the previous 100 days is set at 90.85%, which indicates a major rise in contrast to 75.33% 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 50.40% that was lower than 50.47% volatility it exhibited in the past 100-days period.