NEW YORK （TheStreet） -- Alcoa （NYSE:AA） hit a new 52-week high Monday as it traded at $17.50 compared with its previous 52-Week high of $17.48. Alcoa is changing hands at $17.49 with 1.7 million shares traded as of 9:41 a.m. ET. Average volume has been 28.4 million shares over the past 30 days. Alcoa has a market cap of $17.5 billion and is part of the basic materials sector and metals & mining industry. Shares are up 12.9% year to date as of the close of trading on Friday.
Alcoa Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina worldwide. The company involves in the technology, mining, refining, smelting, fabricating, and recycling of aluminum. The company has a P/E ratio of 31.7, below the average metals & mining industry P/E ratio of 71.3 and above the S&P 500 P/E ratio of 23.5.
TheStreet Ratings rates Alcoa as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including poor profit margins and generally poor debt management.
豫公网安备41010502003434号