Shares of AA fell by 4.39% or $-0.385/share to $8.38. NYSE is trading at a price to book ratio of 0.66. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 1.78. The price to sales ratio came in at 0.37. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 23269400 shares of AA exchange hands on a given day and today's volume is recorded at 39621532. 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 primary aluminum, fabricated aluminum, and alumina combined, through its participation in technology, mining, refining, smelting, fabricating, and recycling.
