Mid-cap Basic Materials company Alcoa has logged a 5.5% change today on a trading volume of 13,750,524. The average volume for the stock is 7,130,209.
Alcoa Corporation, together with its subsidiaries, produces and sells bauxite, alumina, and aluminum products in the United States, Spain, Australia, Iceland, Norway, Brazil, Canada, and internationally. Based in Pittsburgh, the company has 12,200 full time employees and a market cap of $7,387,720,192. Alcoa currently offers its equity investors a dividend that yields 0.8% per year.
The company is now trading -13.9% away from its average analyst target price of $47.69 per share. The 11 analysts following the stock have set target prices ranging from $35 to $66, and on average give Alcoa a rating of buy.
Over the last year, AA shares have gone down by -21.0%, which represents a difference of -1.7% when compared to the S&P 500. The stock's 52 week high is $98.09 per share and its 52 week low is $33.55. Based on Alcoa's average gross margin growth of 8.2% over the last four years, its core business remains strong and the stock price may recover in the long term.
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