Shares of Alcoa (NYSE:AA) Sees Large Outflow of Money

Alcoa (NYSE:AA) managed to stay afloat and traded higher with an addition of 0.08 point or 0.82% at $9.84. The money flow data is a negative $(-3.15) million with $13.92 million in upticks and $17.07 million in downticks. The intraday up/down ratio came in at 0.82. The shares have seen 2.71% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $2.31 million and the combined worth of the downticks was $3.57, Million, leading to the up/down ratio of 0.65. The block trade saw a net money flow of $(-1.26) million.


The stock has recorded a 20-day Moving Average of 3.77% and the 50-Day Moving Average is 0.66%. The company shares have dropped 16.87% in the past 52 Weeks. On June 24, 2015 The shares registered one year high of $11.85 and one year low was seen on January 20, 2016 at $6.14. The 50-day moving average is $9.57 and the 200 day moving average is recorded at $9.13. S&P 500 has rallied 1.93% during the last 52-weeks.

Alcoa (NYSE:AA): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $9.73 and $9.67 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $9.90. The buying momentum continued till the end and the stock did not give up its gains. It closed at $9.86, notching a gain of 1.02% for the day. The total traded volume was 13,633,893 . The stock had closed at $9.76 on the previous day.

Currently the company Insiders own 0.59% of Alcoa shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -1.88% . Institutional Investors own 69.29% of Alcoa shares. During last six month period, the net percent change held by insiders has seen a change of -0.72%. On the companys insider trading activities, Schmidt Ulrich, director of Alcoa Inc., executed a transaction worth $51,250 on April 26, 2016. A total of 5,000 shares were purchased at an average price of $10.25. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Alcoa Inc. (Alcoa) is engaged in lightweight metals engineering and manufacturing. The Company operates in four segments: Alumina, Primary Metals, Global Rolled Products, and Engineered Products and Solutions. Its products, which include aluminum, titanium and nickel, are used in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications across the world. It also produces and manages primary aluminum, fabricated aluminum and alumina combined, through its active participation in the aspects of the industry, including technology, mining, refining, smelting, fabricating, and recycling. The Company has investments and operating activities in Australia, Brazil, China, Guinea, Iceland, Russia and Saudi Arabia, among others. It produces three dimensional (3D-printed) titanium, specialty metals and plastic parts for aerospace, medical and energy applications.

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