Among the biggest risers on the S&P 500 on Wednesday September 25 was Alcoa Corporation ($AA), popping some 4.27% to a price of $21.50 a share with some 3.32 million shares trading hands.
Starting the day trading at $20.48, Alcoa Corporation reached an intraday high of $21.56 and hit intraday lows of $20.38. Shares gained $0.88 apiece by day’s end. Over the last 90 days, the stock’s average daily volume has been n/a of its 185.56 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day SMA at $n/a with a 52-week range of $16.46 to $45.45.
Alcoa is a vertically integrated aluminum company involved in every phase of aluminum production, including bauxite mining, alumina refining, and the manufacture of primary aluminum. The firm is the world’s largest bauxite miner and alumina refiner by production volume, and its profits are closely tied to prevailing commodity prices along the aluminum supply chain.
Alcoa Corporation has its corporate headquarters located in Pittsburgh, PA and employs 14,000 people. Its market cap has now risen to $3.99 billion after today’s trading, its P/E ratio is now n/a, its P/S n/a, P/B 0.82, and P/FCF n/a.