TopStockPlays.com carries an inclusive analysis of AA, AWC, KALU, ACH
Pompano Beach, FL -- (SBWIRE) -- 01/09/2013 -- Alcoa Inc. (NYSE:AA) started the Q4 earnings season surpassing top-line and hitting bottom line forecasts in spite of low aluminum prices in 2012. The firm as well anticipates stronger aluminum demand in 2013.
The worldwide aluminum powerhouse posted income from operations of $64 million without special items in the Q4 and revised EBITDA of $282 million. Alcoa hit analysts’ consensus forecast on the head on a per share basis, making 6 cents a share.
Should AA a Buy or Sell Now? Find Out Here
The firm posted revenue drop 2% to $5.9 billion against the Q4 of 2011, but saw a sequential rise on enhanced pricing.
Cash from operations increased $263 million to $933 million, whereas cash on hand stood at $1.9 billion. Alcoa’s management team underscored their strong cash position by the close of 2012 regardless of low aluminum prices.
Alcoa Inc. (NYSE:AA) shares so far in this session gained +0.11% to $9.11 with the Stock being traded within the range of $9.06 – $9.33. In the past year, it has not traded below $7.97 and was unable to surpass $10.92. The current session’s volume of 29.74 million shares is down from the average daily trading volume of 16.11 million shares.
Will AA Continue To Move Higher? Find Out Here
Turning to some other stocks within industry, Alumina Limited, Kaiser Aluminum Corp. and Aluminum Corp. of China Limited are in the volume leaders list. Below in this article, we will have a quick look on their Market performance.
So far in the ongoing trade, Alumina Limited (ADR) (NYSE:AWC) shares are up +3.53% to $4.25 while the stock has traded within the range of $4.24 – $4.30. In the last 52-week period, shares changed hands between $2.65 and $5.94. The current session’s volume of 320,264 shares is lower than their average daily trading volume of 182,550 shares.
Why Should Investors Buy AWC After The Recent Gain? Just Go Here and Find Out
Kaiser Aluminum Corp. (NASDAQ:KALU) shares in the current session moved up +0.74% reaching at $64.12. The stock traded in a range of $63.68 – $64.53. In the last year the stock has moved within a range of $45.65 – $64.53. The current session’s volume of 92,246 shares is lower from their average daily trading volume of 131,730 shares.
For How Long KALU will Fight for Profitability? Read This Trend Analysis report
Another rival company, Aluminum Corp. of China Limited (ADR) (NYSE:ACH) is at a premium of +0.98% to $12.39. In today’s trading so far, the stock price was found in a range of $12.37 and $12.45. In the previous 52 weeks the stock’s price ranged between $9.22 and $13.88. The current session’s volume of 32,185 shares was higher from their average daily trading volume of 140,936 shares.
What was the Moving Force behind ACH On Bullish Run? Read This Research Report
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