At the end of the latest market close, Alcoa Corporation (AA) was valued at $37.61. In that particular session, Stock kicked-off at the price of $37.18 while reaching the peak value of $38.055 and lowest value recorded on the day was $36.05. The stock current value is $38.67.
Recently in News on April 15, 2021, Alcoa Corporation Reports First Quarter 2021 Results. Improved pricing and strong shipments drive highest quarterly results since 2018. You can read further details here
Alcoa Corporation had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $38.77 on 05/04/21, with the lowest value was $17.30 for the same time period, recorded on 01/27/21.
Alcoa Corporation (AA) full year performance was 389.08%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Alcoa Corporation shares are logging 1.58% during the 52-week period from high price, and 506.11% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $6.38 and $38.07.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 2231127 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Alcoa Corporation (AA) recorded performance in the market was 63.17%, having the revenues showcasing 99.84% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 7.11B, as it employees total of 12900 workers.
The Analysts eye on Alcoa Corporation (AA)
During the last month, 7 analysts gave the Alcoa Corporation a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 5 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 26.86, with a change in the price was noted +15.43. In a similar fashion, Alcoa Corporation posted a movement of +66.27% for the period of last 100 days, recording 6,341,824 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for AA is recording 0.74 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.74.
Technical rundown of Alcoa Corporation (AA)
Raw Stochastic average of Alcoa Corporation in the period of last 50 days is set at 99.72%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 99.49%. In the last 20 days, the company’s Stochastic %K was 92.00% and its Stochastic %D was recorded 89.46%.
Considering, the past performance of Alcoa Corporation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 63.17%. Additionally, trading for the stock in the period of the last six months notably improved by 194.98%, alongside a boost of 389.08% for the period of the last 12 months. The shares increased approximately by 2.20% in the 7-day charts and went down by 16.69% in the period of the last 30 days. Common stock shares were driven by 99.84% during last recorded quarter.