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 -13.44% away from its 52-week high, while its distance from the 52-week low is 70.64%. The stock’s price range over this period has fluctuated between $23.07 and $45.48. The company, operating within the financial sector, had a trading volume of approximately 1.04 million for the day, which was noticeably lower than the average daily share volume of 5.78 million over the last 3 months.
Alcoa Corp experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $45.48 on 05/30/24, while the lowest price for the same period was registered at $23.07 on 10/23/23.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alcoa Corp (AA) has experienced a quarterly rise of 24.65% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.07B 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 34.81, with a change in price of +9.46. Similarly, Alcoa Corp recorded 5,863,183 in trading volume during the last 100 days, posting a change of +31.86%.
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 0.64. Similarly, the long-term debt-to-equity ratio is also 0.62.
AA Stock Stochastic Average
Today’s raw stochastic average for Alcoa Corp over the last 50 days is 45.62%.This indicates a increase from the raw stochastic average of the past 20 days, which was 27.16%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 35.60% and 37.57%, respectively.
AA Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. Year to date metric has recorded a gain of 15.78%.However, over the last six months, we can see a weaker performance of 16.57%. Over the last 30 days, the price of AA has leaped by -5.46%. And in the last five days, it has surged by 5.00%.
