Dow Today: Alcoa (AA) Lower

The Dow Jones Industrial Average ( ^DJI) is trading up 43 points (+0.3%) at 15,267 as of Tuesday, Jul 9, 2013, 10:35 a.m. ET. During this time, 130.5 million shares of the 30 Dow components have changed hands vs. an average daily trading volume of 612.5 million. The NYSE advances/declines ratio sits at 1,783 issues advancing vs. 1,033 declining with 138 unchanged.
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Holding back the Dow today is Alcoa (NYSE: AA), which is lagging the broader Dow index with a 12-cent decline (-1.4%) bringing the stock to $7.80. Volume for Alcoa currently sits at 15.6 million shares traded vs. an average daily trading volume of 18 million shares.

Alcoa has a market cap of $8.35 billion and is part of the basic materials sector and metals & mining industry. Shares are down 8.8% year to date as of Monday's close. The stock's dividend yield sits at 1.5%.

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.

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.

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