|Bid||46.81 x 1200|
|Ask||46.97 x 800|
|Day's Range||44.48 - 49.14|
|52 Week Range||10.98 - 51.89|
|Beta (5Y Monthly)||2.70|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct. 12, 2021 - Oct. 18, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||49.39|
(Bloomberg) -- Alcoa Corp. and South32 Ltd. are proceeding with the restart of an idled aluminum smelter in Brazil after prices of the metal surged to a 13-year high amid Chinese output cuts. Alcoa shares tumbled following the announcement.Most Read from BloombergThe Global Housing Market Is Broken, and It’s Dividing Entire CountriesIstanbul Turns Taps on Old Fountains, Joining Global Push for Free DrinksFor Christo and Jeanne-Claude, Wrapping the Arc de Triomphe Is a Final VictoryIs There Room
Alcoa (AA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
CELH, AA, NOG, and PAG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on September 21, 2021.