NEW YORK (AVAFIN) -- Block trading activities for shares of Alcoa reveal that 144 block trades
were executed during the market session. Trade flow analysis shows that $10,494,898 worth of
shares were bought and $11,790,276 worth of shares were sold by institutional
investors. The negative cash flow $1,295,377 out of the stock
shows that investors have bearish sentiment.
On the options side, a total of total of 14,440 call and 3,773 put contracts were traded
yielding a 0.26 put/call ratio.
Alcoa Inc. is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining etc.
Alcoa opened at $8.88 and the stock price declined $0.37 (4.15%)
to $8.55 during the market session. AA is trading between the range of
$8.52 - $8.89. Performance indicators show that the stock has gained 0.71% within the last month.
Volume is 22M in relation to the three month
average volume of 23M shares. AA is trading below the 50
day moving average and lower than the 200 day moving average.