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 -22.68% away from its 52-week high, while its distance from the 52-week low is 43.95%. The stock’s price range for this period has been between $23.07 and $42.95 The company’s shares, which are part of the Basic Materials sector, had a trading volume of approximately 6.43 million for the day, a number notably higher than the average daily volume of 6.1 million over the last three months.
Alcoa Corp experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $42.95 on 04/03/23, while the lowest price for the same period was registered at $23.07 on 10/23/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Alcoa Corp (AA) has experienced a quarterly decline of -1.95% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.96B 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 28.58, with a change in price of +8.18. Similarly, Alcoa Corp recorded 5,984,727 in trading volume during the last 100 days, posting a change of +32.68%.
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 0.46. Similarly, the long-term debt-to-equity ratio is also 0.43.
AA Stock Stochastic Average
Alcoa Corp’s raw stochastic average for the past 50 days is presently 99.76%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 99.71%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 93.95% and 91.89%, 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 index has shown a price loss of -2.32% this year. Over the last six months, there has been a weaker performance of 28.42%. The price of AA fallen by 24.38% during the last 30 days period. For the last 5-days stocks have improved 5.93%.
