Alcoa Corp (NYSE: AA) kicked off on Friday, down -7.65% from the previous trading day, before settling in for the closing price of $37.25. Over the past 52 weeks, AA has traded in a range of $24.86-$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
During the last 5-year period, the sales growth of Basic Materials Sector giant was 4.46%. While this was happening, its average annual earnings per share was recorded 211.96%. With a float of $256.75 million, this company’s outstanding shares have now reached $258.36 million.
Let’s determine the extent of company efficiency that accounts for 13900 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 Activity
Our next focus will be how large-scale investors are participating in this stock of the Aluminum Industry. The insider ownership of Alcoa Corp is 0.86%, while institutional ownership is 69.86%. 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 211.96% per share during the next fiscal year.
Alcoa Corp (NYSE: AA) Trading Performance Indicators
Take a look at Alcoa Corp’s (AA) current performance indicators. Last quarter, stock had a quick ratio of 0.86. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.72. Likewise, its price to free cash flow for the trailing twelve months is 212.04.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.14, 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)
Looking closely at Alcoa Corp (NYSE: AA), its last 5-days average volume was 4.48 million, which is a drop from its year-to-date volume of 5.14 million. As of the previous 9 days, the stock’s Stochastic %D was 30.49%. Additionally, its Average True Range was 1.51.
During the past 100 days, Alcoa Corp’s (AA) raw stochastic average was set at 6.83%, which indicates a significant decrease from 18.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.38% in the past 14 days, which was higher than the 43.11% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $37.20, while its 200-day Moving Average is $38.10. However, in the short run, Alcoa Corp’s stock first resistance to watch stands at $36.06. Second resistance stands at $37.72. The third major resistance level sits at $38.78. If the price goes on to break the first support level at $33.35, it is likely to go to the next support level at $32.29. Should the price break the second support level, the third support level stands at $30.63.
Alcoa Corp (NYSE: AA) Key Stats
The company with the Market Capitalisation of 8.91 billion has total of 258,884K Shares Outstanding. Its annual sales at the moment are 11,895 M in contrast with the sum of 60,000 K annual income. Company’s last quarter sales were recorded 3,486 M and last quarter income was 202,000 K.
