Alcoa Shares Drop Below 200-Day Average as Trading Declines

Alcoa Corporation shares fell 5.1% on Thursday, trading below the 200-day moving average. This significant decline may impact investor sentiment and overall stock prices for the company.

Date: 23-01-2025

AI Rating: 5

Stock Performance Details: Alcoa Corporation (Symbol: AA) has seen its shares cross below their 200-day moving average of $38.10, currently trading as low as $36.10 per share. This represents a notable decline of approximately 5.1% on the day.

52 Week Range: An analysis of its one-year performance reveals that AA's stock experienced a low of $24.86 per share and a high of $47.77 per share, indicating significant volatility within the year. The last recorded trade was at $36.76.

While there is no information regarding Earnings Per Share (EPS), Revenue Growth, Net Income, Profit Margins, Free Cash Flow, or Return on Equity in the report, the drop below the moving average could signal a bearish outlook in the short term for investors and may lead to further stock price declines.

Stocks: AA