Alcoa Corp (AA) concluded trading on Wednesday at a closing price of $27.88, with 4.84 million shares of worth about $134.93 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -39.98% during that period and on Wednesday the price saw a loss of about -1.31%. Currently the company’s common shares owned by public are about 258.90M shares, out of which, 257.80M shares are available for trading.
Stock saw a price change of -3.16% in past 5 days and over the past one month there was a price change of 9.08%. Year-to-date (YTD), AA shares are showing a performance of -26.20% which decreased to -32.08% 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 6.47 million. The stock is currently trading 2.56% above its 20-day simple moving average (SMA20), while that difference is up 0.75% for SMA50 and it goes to -20.34% lower than SMA200.
Alcoa Corp (NYSE: AA) currently have 258.90M outstanding shares and institutions hold larger chunk of about 75.97% of that.
The stock has a current market capitalization of $7.22B and its 3Y-monthly beta is at 2.29. PE ratio of stock for trailing 12 months is 8.25, while it has posted earnings per share of $3.38 in the same period. Its PEG reads 0.19 and has Quick Ratio of 1.00 while making debt-to-equity ratio of 0.46. 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 0.97% while standing at 2.92% over the month. Stock’s fiscal year EPS is expected to rise by 164.15% while it is estimated to decrease by -27.69% 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 UBS on May 15, 2025 offering a Neutral rating for the stock and assigned a target price of $31 to it. Coverage by BofA Securities stated Alcoa Corp (AA) stock as an Underperform in their note to investors on April 08, 2025, suggesting a price target of $26 for the stock. On October 23, 2024, Argus Upgrade their recommendations, while on October 17, 2024, B. Riley Securities Upgrade their ratings for the stock with a price target of $50. Stock get a Buy rating from BofA Securities on October 01, 2024.
