Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Alcoa Corp’s current trading price is -13.43% away from its 52-week high, while its distance from the 52-week low is 58.47%. The stock’s price range over this period has fluctuated between $23.07 and $42.23. The company, operating within the financial sector, had a trading volume of approximately 1.48 million for the day, which was noticeably lower than the average daily share volume of 6.3 million over the last 3 months.
Alcoa Corp’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $42.23 on 04/20/23 and a low of $23.07 for the same time frame on 10/23/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alcoa Corp (AA) has experienced a quarterly rise of 15.22% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.56B and boasts a workforce of 13600 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 29.40, with a change in price of +11.92. Similarly, Alcoa Corp recorded 6,141,494 in trading volume during the last 100 days, posting a change of +48.44%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for AA stands at 0.46. Similarly, the long-term debt-to-equity ratio is also 0.43.
AA Stock Stochastic Average
Today’s raw stochastic average for Alcoa Corp over the last 50 days is 91.00%.This indicates a increase from the raw stochastic average of the past 20 days, which was 87.12%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 86.36% and 86.22%, respectively.
AA Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant gain of 7.53% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 34.66%. Over the past 30 days, the price of AA has fallen by 22.48%. And in the last five days, it has surged by 2.58%.
