Shares of AA fell by 3.11% or $-0.32/share to $9.98. Alcoa, Inc. is trading at a price to book ratio of 0.7. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.27 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.47. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 29883500 shares of AA exchange hands on a given day and today's volume is recorded at 12298350. These financial metrics combined make this company seem undervalued. 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.
