Alcoa (AA) : During the past 4 weeks, traders have been relatively bearish on Alcoa (AA), hence the stock is down -6.18% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -2.19% relative to the S&P 500. The 4-week change in the price of the stock is -8.08% and the stock has fallen -1.67% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.99% and the 50-Day Moving Average is 8.19%.The 200 Day SMA reached 0.43% Alcoa Inc. has dropped 1.17% during the last 3-month period . Year-to-Date the stock performance stands at -3.38%.
Alcoa (AA) : The most positive equity analysts on Alcoa (AA) expects the shares to touch $14, whereas, the least positive believes that the stock will trade at $8 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $11.5 with an expected fluctuation of $1.72 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Alcoa (NYSE:AA): stock was range-bound between the intraday low of $9.34 and the intraday high of $9.47 after having opened at $9.39 on Fridays session. The stock finally closed in the red at $9.39, a loss of -0.32%. The stock remained in the red for the whole trading day. The total traded volume was 16,293,483 shares. The stock failed to cross $9.47 in Fridays trading. The stocks closing price on Thursday was $9.47.
Alcoa Inc. (Alcoa) is engaged in lightweight metals engineering and manufacturing. The Company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Its products, which include aluminum, titanium and nickel, are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications across the world. It also produces and manages primary aluminum, fabricated aluminum and alumina combined, through its active participation in the aspects of the industry, including technology, mining, refining, smelting, fabricating, and recycling. The Company has investments and operating activities in Australia, Brazil, China, Guinea, Iceland, Russia and Saudi Arabia, among others. It produces three dimensional (3D-printed) titanium, specialty metals and plastic parts for aerospace, medical and energy applications.