Equity Research firms currently have a positive stance on shares of Alcoa Inc. (NYSE:AA). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $11.31 on a short term basis.
At the time of writing, the stock was trading at $10.18. This represents a change from the opening price of 1.19%. In terms of performance, year to date, the stock is 3.58%. The monthly stock performance comes in at -0.10%. For the quarter, shares are performing at 9.61%. Weekly performance analysis shows the equity at 4.55%.
In taking a look at technical levels, shares are trading 0.65% away from the 50 day simple moving average and 7.78% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -10.96% away from it’s 52- week high and 67.49% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Alcoa Inc.’s RSI stands at 58.02. In looking at volatility levels, the shares saw weekly volatility of 2.40% and 2.48% over the past month.