On Monday, Alcoa Corp (NYSE: AA) opened lower -6.57% from the last session, before settling in for the closing price of $37.43. Price fluctuations for AA have ranged from $24.86 to $47.77 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 3.92% annually for the last half of the decade. Company’s average yearly earnings per share was noted 209.23% at the time writing. With a float of $256.39 million, this company’s outstanding shares have now reached $258.36 million.
In an organization with 13600 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 35.88%, operating margin of 31.73%, and the pretax margin is 2.45%.
Alcoa Corp (AA) Insider Updates
A key investor’s attitude towards the stock of the Aluminum industry is another important factor to consider. The insider ownership of Alcoa Corp is 0.76%, while institutional ownership is 68.40%. 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) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 209.23% per share during the next fiscal year.
Alcoa Corp (NYSE: AA) Trading Performance Indicators
Check out the current performance indicators for Alcoa Corp (AA). In the past quarter, the stock posted a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.77. Likewise, its price to free cash flow for the trailing twelve months is 215.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.15, a number that is poised to hit 1.55 in the next quarter and is forecasted to reach 3.35 in one year’s time.
Technical Analysis of Alcoa Corp (AA)
Let’s dig in a bit further. During the last 5-days, its volume was 8.13 million. That was better than the volume of 5.56 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 25.77%. Additionally, its Average True Range was 1.54.
During the past 100 days, Alcoa Corp’s (AA) raw stochastic average was set at 36.00%, which indicates a significant increase from 3.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 40.96% in the past 14 days, which was lower than the 48.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.41, while its 200-day Moving Average is $38.10. However, in the short run, Alcoa Corp’s stock first resistance to watch stands at $36.08. Second resistance stands at $37.18. The third major resistance level sits at $37.77. If the price goes on to break the first support level at $34.39, it is likely to go to the next support level at $33.80. Assuming the price breaks the second support level, the third support level stands at $32.70.
Alcoa Corp (NYSE: AA) Key Stats
There are currently 258,355K shares outstanding in the company with a market cap of 9.03 billion. Presently, the company’s annual sales total 10,551 M according to its annual income of -651,000 K. Last quarter, the company’s sales amounted to 2,904 M and its income totaled 90,000 K.
