Alcoa (AA) : During the past 4 weeks, traders have been relatively bearish on Alcoa (AA), hence the stock is down -5.64% 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 -1.99% relative to the S&P 500. The 4-week change in the price of the stock is -5.84% and the stock has fallen -2.63% in the past 1 week.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 3.46% and the fifty day Moving Average is 1.45%. Alcoa Inc. is up 7.26% in the last three month period. Year-to-Date the stock performance stands at 2.35%.
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 9 Wall Street Brokerage Firms. The average price target for shares are $11.56 with an expected fluctuation of $1.81 from the mean.
Alcoa (NYSE:AA): On Fridays trading session , Opening price of the stock was $10.15 with an intraday high of $10.27. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $9.96. However, the stock managed to close at $10, a loss of 0.79% for the day. On the previous day, the stock had closed at $10.08. The total traded volume of the day was 15,069,745 shares.
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.