Shares of AA fell by 4.00% or $-0.59/share to $14.16. Alcoa, Inc. is trading at a price to book ratio of 1.01. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.33 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.67. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 22658500 shares of AA exchange hands on a given day and today's volume is recorded at 23149002. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
Alcoa Inc. (Alcoa) is engaged in the production and management of aluminum, fabricated aluminum, and alumina combined, through its participation in mining, refining, smelting, fabricating, and recycling.
