Alcoa Corp (NYSE: AA) on Monday, soared 2.21% from the previous trading day, before settling in for the closing price of $36.12. Within the past 52 weeks, AA’s price has moved between $24.86 and $47.77.
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Basic Materials Sector giant saw their annual sales surged by 3.92% over the last five years. The company achieved an average annual earnings per share of 211.93%. With a float of $256.18 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 35.88%, operating margin of 31.73%, and the pretax margin is 2.45%.
Alcoa Corp (AA) Insider Activity
Observing investor behavior towards Aluminum industry stocks is more important than anything else. The insider ownership of Alcoa Corp is 0.84%, while institutional ownership is 68.57%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.93 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 211.93% per share during the next fiscal year.
Alcoa Corp (NYSE: AA) Trading Performance Indicators
Alcoa Corp (AA) is currently performing well based on its current performance indicators. A quick ratio of 0.86 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.81. Likewise, its price to free cash flow for the trailing twelve months is 227.11.
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)
Analysing the last 5-days average volume posted by the [Alcoa Corp, AA], we can find that recorded value of 4.45 million was lower than the volume posted last year of 5.29 million. As of the previous 9 days, the stock’s Stochastic %D was 71.01%. Additionally, its Average True Range was 1.50.
During the past 100 days, Alcoa Corp’s (AA) raw stochastic average was set at 25.51%, which indicates a significant decrease from 54.43% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.10% in the past 14 days, which was higher than the 44.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $38.70, while its 200-day Moving Average is $38.08. Now, the first resistance to watch is $37.38. This is followed by the second major resistance level at $37.85. The third major resistance level sits at $38.09. If the price goes on to break the first support level at $36.67, it is likely to go to the next support level at $36.43. Should the price break the second support level, the third support level stands at $35.96.
Alcoa Corp (NYSE: AA) Key Stats
Market capitalization of the company is 9.54 billion based on 258,355K outstanding shares. Right now, sales total 11,895 M and income totals 60,000 K. The company made 3,486 M in profit during its latest quarter, and 202,000 K in sales during its previous quarter.
