Alcoa Corp: Navigating a Turbulent Year, Up -11.32% from 52-Week Low

Alcoa Corp had a pretty favorable run when it comes to the market performance. Over the past year, the company’s stock reached a high of $45.48 on 05/30/24, while the lowest price during the same period was $23.07 on 10/23/23.

52-week price history of AA Stock

A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Alcoa Corp’s current trading price is -11.32% away from its 52-week high, while its distance from the 52-week low is 74.82%. The stock’s price range during this period has fluctuated between $23.07 and $45.48. Shares of the company, which operates in the Basic Materials sector, recorded a trading volume of around 2.92 million for the day, which was evidently lower than the average daily volume of 5.45 million over the last three months.

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Financial Performance and Market Capitalization

Alcoa Corp (AA) has experienced a quarterly rise of 10.98% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.24B and boasts a workforce of 13600 employees.

Moving average and trading volume data

Based on Barchart.com data, the company’s moving average over the 100-day period was 35.88, with a change in price of +14.48. Similarly, Alcoa Corp recorded 5,724,813 in trading volume during the last 100 days, posting a change of +56.02%.

AA Debt-to-equity ratio analysis

The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of 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

Alcoa Corp’s raw stochastic average for the past 50 days is currently at 55.60%. This represents a fall from the raw stochastic average of the last 20 days, which was recorded at 56.10%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 74.27% and 83.21%, respectively.

AA Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 18.62%.However, over the last six months, we can see a weaker performance of 25.52%. Over the last 30 days, the price of AA has leaped by -5.44%. And in the last five days, it has surged by 1.59%.

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