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 -16.12% away from its 52-week high, while its distance from the 52-week low is 65.37%. 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 2.73 million for the day, which was noticeably lower than the average daily share volume of 5.37 million over the last 3 months.
In terms of market performance, Alcoa Corp had a fairly even. The highest value for the stock in the past year was $45.48 on 05/30/24, and the lowest value was recorded 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 4.32% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.85B 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 36.45, with a change in price of +9.98. Similarly, Alcoa Corp recorded 5,739,035 in trading volume during the last 100 days, posting a change of +35.69%.
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, Alcoa Corp’s raw stochastic average for the past 50 days stands at 18.31%, indicating a rise from the raw stochastic average of the last 20 days, which was 18.23%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 30.74% and 33.63% respectively.
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. Until today this year the stock’s price performance recorded an increase of 12.21%. However, over the last six months, the performance has been weaker by 27.04%. The price of AA decreased -1.01% over the last 30 days. And in the last five days, it has fallen by -5.41%.
