On Tuesday, Alcoa Corp (NYSE: AA) opened higher 2.12% from the last session, before settling in for the closing price of $36.24. Price fluctuations for AA have ranged from $24.86 to $47.77 over the past 52 weeks.
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Annual sales at Basic Materials sector company grew by 3.92% over the past five years. Company’s average yearly earnings per share was noted 211.93% at the time writing. With a float of $256.12 million, this company’s outstanding shares have now reached $258.36 million.
Let’s look at the performance matrix of the company that is accounted for 13600 employees. In terms of profitability, gross margin is 15.56%, operating margin of 5.26%, and the pretax margin is 2.43%.
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 0.87%, while institutional ownership is 70.00%. 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 0.93 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
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 0.81. Likewise, its price to free cash flow for the trailing twelve months is 227.66.
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)
Alcoa Corp (NYSE: AA) saw its 5-day average volume 4.08 million, a negative change from its year-to-date volume of 5.1 million. As of the previous 9 days, the stock’s Stochastic %D was 47.24%. Additionally, its Average True Range was 1.41.
During the past 100 days, Alcoa Corp’s (AA) raw stochastic average was set at 25.02%, which indicates a significant decrease from 69.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.21% in the past 14 days, which was lower than the 44.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.74, while its 200-day Moving Average is $38.09. Nevertheless, the first resistance level for the watch stands at $37.40 in the near term. At $37.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $38.54. If the price goes on to break the first support level at $36.26, it is likely to go to the next support level at $35.50. Assuming the price breaks the second support level, the third support level stands at $35.12.
Alcoa Corp (NYSE: AA) Key Stats
There are currently 258,355K shares outstanding in the company with a market cap of 9.56 billion. Presently, the company’s annual sales total 11,895 M according to its annual income of 60,000 K. Last quarter, the company’s sales amounted to 3,486 M and its income totaled 202,000 K.
