Shares of Alcoa (AA) Sees Large Inflow of Net Money Flow

Alcoa (AA) : Wednesdays money flow points at investors jumping to buy the stock on the weakness of price. $10.18 million worth of transactions were on upticks, whereas, the downticks accounted for $7.52 million worth of transactions. The net money flow was a positive $2.66 million and the uptick to downtick ratio was 1.35. However, the block trades showed a clear dominance of the bulls with a very healthy ratio of 2.67 in their favor. The net money flow into the stock was $2.37 million. The value of block trades done on downticks was only $1.42 million. The lack of interest in trading on downticks shows that the investors dont want to sell their holdings. The upticks accounted for $3.78 million of the total block trades, indicating continued buying interest on weakness, which bodes well for the future of the stock. Alcoa (AA) was trading at $9.64, down $0.01 during day. The stock slid -0.1% over the previous days close. For the week, the stock recorded -1.23% over the previous weeks close.


Shares of Alcoa Inc. appreciated by 2.17% during the last five trading days but lost 3.7% on a 4-week basis. Alcoa Inc. is up 8.89% in the last 3-month period. Year-to-Date the stock performance stands at 1.12%.

Alcoa (AA) : Zacks Investment Research ranks Alcoa (AA) as 3, which is a Hold recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 11 research analysts is 2.14, which indicates as a Buy.

Alcoa (NYSE:AA): The stock opened at $9.69 and touched an intraday high of $9.88 on Wednesday. During the day, the stock corrected to an intraday low of $9.58, however, the bulls stepped in and pushed the price higher to close in the green at $9.88 with a gain of 2.38% for the day. The total traded volume for the day was 17,748,052. The stock had closed at $9.65 in the previous trading session.

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.

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