Alcoa Inc (AA): Today's Featured Metals & Mining Winner
(
) pushed the Metals & Mining industry higher today making it today's featured metals & mining winner. The industry as a whole closed the day down 0.5%. By the end of trading, Alcoa rose $0.11 (1.4%) to $7.92 on average volume. Throughout the day, 21,833,533 shares of Alcoa exchanged hands as compared to its average daily volume of 18,094,000 shares. The stock ranged in a price between $7.80-$7.94 after having opened the day at $7.88 as compared to the previous trading day's close of $7.81. Other companies within the Metals & Mining industry that increased today were:
(
), up 44.8%,
(
), up 26.3%,
(
), up 8.3% and
(
), up 7.3%.
Alcoa Inc. engages in the production and management of primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Alcoa has a market cap of $8.2 billion and is part of the basic materials sector. Shares are down 10.0% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate Alcoa a buy, 4 analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates Alcoa as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, good cash flow from operations and growth in earnings per share. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and generally higher debt management risk.
- You can view the full Alcoa Ratings Report.
On the negative front,
(
), down 51.0%,
(
), down 13.2%,
(
), down 11.5% and
(
), down 11.4% , were all laggards within the metals & mining industry with
(
) being today's metals & mining industry laggard.
- Use our metals & mining section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the metals & mining industry could consider
(
) while those bearish on the metals & mining industry could consider
PowerShares DB Base Metals Sht ETN
(
).
- Find other investment ideas from our top rated ETFs lists.
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