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Alcoa Corporation (AA) Stock: A Year of Market Fluctuations

Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Alcoa Corporation’s current trading price is -47.17% away from its 52-week high, while its distance from the 52-week low is 6.32%. The stock’s price range during this period has varied between $33.55 and $67.52. The company, active in the Basic Materials sector, saw a trading volume of around 3.54 million for the day, considerably lower average daily volume of 4.74 million observed over the last three months.

Alcoa Corporation (AA) has a current stock price of $35.67. During the previous trading session, the stock witnessed a notable rise, reaching a high of $36.17 after opening at $36.00. The stock’s low for the day was $35.45, and it eventually closed at $36.40.

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The stock market performance of Alcoa Corporation has been fairly unsteady. Over the last year, the company’s stock hit its highest at $67.52 on 05/31/22, while the lowest price during the same time frame was $33.55, recorded on 09/30/22.

How Financial Performance Impacts Market Capitalization

Alcoa Corporation (AA) has experienced a quarterly decline of -27.17% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.49B and boasts a workforce of 13100 employees.

Decoding Analysts’ Ratings for Alcoa Corporation

As of right now, 6 analysts are rating Alcoa Corporation as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 6 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

The Role of Moving Averages and Trading Volume in Technical Analysis

Based on Barchart.com data, the company’s moving average over the 100-day period was 44.42, with a change in price of -8.13. Similarly, Alcoa Corporation recorded 4,852,546 in trading volume during the last 100 days, posting a change of -18.56%.

How AA’s Debt-to-Equity Ratio Affects Financial Health

A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for AA stands at 0.39. Similarly, the long-term debt-to-equity ratio is also 0.39.

AA Stock Stochastic Average

As of today, the raw stochastic average of Alcoa Corporation over the past 50 days is 14.01%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 40.47%. Additionally, the Stochastic %K and %D values for the company were 48.32% and 47.47%, respectively, over the past 20 days.

AA Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The index has shown a price loss of -21.55% this year. Over the last six months, there has been a stronger performance of -24.60%. The price of AA leaped by -6.23% during the last 30 days period. For the last 5-days stocks have slided -1.19%.

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