The stock of Alcoa Corp (AA) has gone down by -10.83% for the week, with a -8.63% drop in the past month and a -15.83% drop in the past quarter. The volatility ratio for the week is 3.82%, and the volatility levels for the past 30 days are 3.32% for AA. The simple moving average for the past 20 days is -5.58% for AA’s stock, with a -7.49% simple moving average for the past 200 days.
Is It Worth Investing in Alcoa Corp (NYSE: AA) Right Now?
Additionally, the 36-month beta value for AA is 2.42. There are mixed opinions on the stock, with 8 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for AA is 256.39M and currently, short sellers hold a 3.21% ratio of that float. The average trading volume of AA on January 27, 2025 was 4.56M shares.
AA) stock’s latest price update
Alcoa Corp (NYSE: AA)’s stock price has dropped by -5.82 in relation to previous closing price of 37.43. Nevertheless, the company has seen a loss of -10.83% in its stock price over the last five trading days. prnewswire.com reported 2025-01-24 that SAN DIEGO, Jan. 24, 2025 /PRNewswire/ — Johnson Fistel, LLP is investigating whether Alcoa Corporation (NYSE: AA) or any of its executive officers violated securities laws by misrepresenting or failing to timely disclose information to investors. The investigation focuses on investors’ losses and whether they may be recovered under federal securities laws.
Analysts’ Opinion of AA
Many brokerage firms have already submitted their reports for AA stocks, with Argus repeating the rating for AA by listing it as a “Buy.” The predicted price for AA in the upcoming period, according to Argus is $48 based on the research report published on October 23, 2024 of the previous year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see AA reach a price target of $50, previously predicting the price at $41. The rating they have provided for AA stocks is “Buy” according to the report published on October 17th, 2024.
BofA Securities gave a rating of “Buy” to AA, setting the target price at $52 in the report published on October 01st of the previous year.
AA Trading at -12.79% from the 50-Day Moving Average
After a stumble in the market that brought AA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.21% of loss for the given period.
Volatility was left at 3.32%, however, over the last 30 days, the volatility rate increased by 3.82%, as shares sank -8.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.55% lower at present.
During the last 5 trading sessions, AA fell by -10.35%, which changed the moving average for the period of 200-days by -3.75% in comparison to the 20-day moving average, which settled at $37.34. In addition, Alcoa Corp saw -6.70% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AA starting from Bacchi Renato, who sale 23,867 shares at the price of $42.29 back on Oct 22 ’24. After this action, Bacchi Renato now owns 57,317 shares of Alcoa Corp, valued at $1,009,431 using the latest closing price.
Bacchi Renato, the Officer of Alcoa Corp, proposed sale 23,867 shares at $42.29 during a trade that took place back on Oct 22 ’24, which means that Bacchi Renato is holding shares at $1,009,430 based on the most recent closing price.
Stock Fundamentals for AA
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 0.36 for the gross margin
The net margin for Alcoa Corp stands at 0.01. The total capital return value is set at 0.35. Equity return is now at value 1.28, with 0.43 for asset returns.
Based on Alcoa Corp (AA), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 2.76. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 24.04.
Currently, EBITDA for the company is 1.12 billion with net debt to EBITDA at -0.99. When we switch over and look at the enterprise to sales, we see a ratio of 0.68. The receivables turnover for the company is 9.54for trailing twelve months and the total asset turnover is 0.84. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.
Conclusion
In conclusion, Alcoa Corp (AA) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
