Alcoa Corp (NYSE: AA) kicked off on Friday, down -4.88% from the previous trading day, before settling in for the closing price of $29.93. Over the past 52 weeks, AA has traded in a range of $21.53-$47.77.
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While this was happening, its average annual earnings per share was recorded 148.92%. With a float of $257.80 million, this company’s outstanding shares have now reached $258.90 million.
Let’s look at the performance matrix of the company that is accounted for 13900 employees. In terms of profitability, gross margin is 19.26%, operating margin of 13.04%, and the pretax margin is 10.12%.
Alcoa Corp (AA) Insider Updates
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 0.43%, while institutional ownership is 75.81%. 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 0.46 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 148.92% 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 1.00. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.57. Likewise, its price to free cash flow for the trailing twelve months is 21.18.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.38, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 2.76 in one year’s time.
Technical Analysis of Alcoa Corp (AA)
Alcoa Corp (NYSE: AA) saw its 5-day average volume 6.03 million, a positive change from its year-to-date volume of 5.93 million. As of the previous 9 days, the stock’s Stochastic %D was 44.86%.
During the past 100 days, Alcoa Corp’s (AA) raw stochastic average was set at 40.70%, which indicates a significant increase from 29.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.18% in the past 14 days, which was lower than the 58.67% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.22, while its 200-day Moving Average is $34.61. Nevertheless, the first resistance level for the watch stands at $29.74 in the near term. At $31.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.02. If the price goes on to break the first support level at $27.46, it is likely to go to the next support level at $26.45. Assuming the price breaks the second support level, the third support level stands at $25.18.
Alcoa Corp (NYSE: AA) Key Stats
The company with the Market Capitalisation of 7.37 billion has total of 258,902K 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 3,369 M and last quarter income was 548,000 K.
