The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Alcoa Corp’s current trading price is -37.18% away from its 52-week high, while its distance from the 52-week low is 39.39%. The stock’s price range for this period has been between $21.53 and $47.77 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 2.46 million for the day, a number notably lower than the average daily volume of 6.3 million over the last three months.
The present stock price for Alcoa Corp (AA) is $30.01. In the last trading session, the stock made a considerable jump, reaching $42.0 after an opening price of $30.0. The stock briefly fell to $27.0 before ending the session at $29.62.
Alcoa Corp saw a rather unpredictable run in, in terms of market performance.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alcoa Corp (AA) has experienced a quarterly rise of 20.76% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 7.77B and boasts a workforce of 13900 employees.
Alcoa Corp: What Analysts Are Saying
As of right now, 5 analysts are rating Alcoa Corp as a BUY, 2 of the polled analysts branded the stock as an OVERWEIGHT, 4 analysts are recommending to HOLD this stock, 1 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 28.64, with a change in price of -2.37. Similarly, Alcoa Corp recorded 6,389,301 in trading volume during the last 100 days, posting a change of -7.32%.
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 0.43. Similarly, the long-term debt-to-equity ratio is also 0.42.
AA Stock Stochastic Average
As of today, Alcoa Corp’s raw stochastic average for the last 50 days stands at 63.32%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 43.49%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 34.41% and 27.18%, respectively.
AA Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The index has shown a price gain of 1.83% this year. Over the last six months, there has been a stronger performance of -17.19%. The price of AA leaped by -1.64% during the last 30 days period. For the last 5-days stocks have slided -0.37%.
