Alcoa Stock Hits New 52-Week Low (AA)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Alcoa (NYSE: AA) hit a new 52-week low Monday as it is currently trading at $7.85, below its previous 52-week low of $7.90 with six million shares traded as of 10:15 a.m. ET. Average volume has been 17.7 million shares over the past 30 days.

Alcoa has a market cap of $8.57 billion and is part of the basic materials sector and metals & mining industry. Shares are down 8.1% 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. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. The company has a P/E ratio of 36.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Alcoa as a hold. 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.

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