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 -19.72% away from its 52-week high, while its distance from the 52-week low is 54.26%. The stock’s price range over this period has fluctuated between $24.86 and $47.77. The company, operating within the financial sector, had a trading volume of approximately 1.9 million for the day, which was noticeably lower than the average daily share volume of 4.71 million over the last 3 months.
Alcoa Corp’s market performance has been stable in recent times. The company’s stock hit a 1-year high of $47.77 on 11/26/24 and a low of $24.86 for the same time frame on 02/26/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alcoa Corp (AA) has experienced a quarterly decline of -2.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.91B 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 38.23, with a change in price of +9.91. Similarly, Alcoa Corp recorded 5,093,540 in trading volume during the last 100 days, posting a change of +34.85%.
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 0.56. Similarly, the long-term debt-to-equity ratio is also 0.47.
AA Stock Stochastic Average
Today’s raw stochastic average for Alcoa Corp over the last 50 days is 18.02%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 18.25%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 19.60% and 19.25%, 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 12.79% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -1.21%. Over the past 30 days, the price of AA has leaped by -18.78%. And in the last five days, it has surged by 2.79%.
