Shares of AA fell by 7.19% or $-0.92/share to $11.87. Alcoa, Inc. is trading at a price to book ratio of 0.87. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.29 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.58. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 22317500 shares of AA exchange hands on a given day and today's volume is recorded at 29090100. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
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.
