Alcoa Corp (NYSE: AA) Not A Good Play Anymore?

Alcoa Corp (AA) concluded trading on Wednesday at a closing price of $25.07, with 8.98 million shares of worth about $225.16 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -40.02% during that period and on April 16, 2025 the price saw a gain of about 1.58%. Currently the company’s common shares owned by public are about 258.36M shares, out of which, 256.75M shares are available for trading.

Stock saw a price change of -3.05% in past 5 days and over the past one month there was a price change of -26.20%. Year-to-date (YTD), AA shares are showing a performance of -33.64% which decreased to -31.45% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $21.53 but also hit the highest price of $47.77 during that period. The average intraday trading volume for Alcoa Corp shares is 5.71 million. The stock is currently trading -12.32% below its 20-day simple moving average (SMA20), while that difference is down -21.86% for SMA50 and it goes to -30.84% lower than SMA200.

Alcoa Corp (NYSE: AA) currently have 258.36M outstanding shares and institutions hold larger chunk of about 69.61% of that.

The stock has a current market capitalization of $6.49B and its 3Y-monthly beta is at 2.31. It has posted earnings per share of -$0.14 in the same period. It has Quick Ratio of 0.86 while making debt-to-equity ratio of 0.54. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for AA, volatility over the week remained 5.67% while standing at 7.04% over the month.

Stock’s fiscal year EPS is expected to rise by 146.78% while it is estimated to decrease by -17.07% in next year.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on April 08, 2025 offering an Underperform rating for the stock and assigned a target price of $26 to it. Coverage by Argus stated Alcoa Corp (AA) stock as a Buy in their note to investors on October 23, 2024, suggesting a price target of $48 for the stock. On October 17, 2024, B. Riley Securities Upgrade their recommendations, while on October 01, 2024, BofA Securities Upgrade their ratings for the stock with a price target of $52. Stock get a Neutral rating from JP Morgan on September 25, 2024.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.