Alcoa (AA) Lagging In Pre-Market Activity

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Trade-Ideas LLC identified Alcoa ( AA) as a pre-market laggard candidate. In addition to specific proprietary factors, Trade-Ideas identified Alcoa as such a stock due to the following factors:

  • AA has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $271.3 million.
  • AA traded 144,507 shares today in the pre-market hours as of 9:29 AM.
  • AA is down 2.1% today from yesterday's close.

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More details on AA:

Alcoa Inc. produces and manages primary aluminum, fabricated aluminum, and alumina. The company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. The stock currently has a dividend yield of 0.7%. Currently there are 7 analysts that rate Alcoa a buy, 1 analyst rates it a sell, and 7 rate it a hold.

The average volume for Alcoa has been 15.8 million shares per day over the past 30 days. Alcoa has a market cap of $19.3 billion and is part of the basic materials sector and metals & mining industry. The stock has a beta of 1.53 and a short float of 6.2% with 3.58 days to cover. Shares are up 54.7% year-to-date as of the close of trading on Wednesday.

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