Do The Numbers Tell The Whole Story? Chesapeake Energy Corporation (CHK), Alcoa Corporation (AA)

RYAN THOMAS L, Director, bought 200,000 shares of the Chesapeake Energy Corporation (NYSE:CHK) in an exchange that happened on December 24th. The stock was bought at an average price of $1.81 per share, amounting to a transaction worth $361,800. The purchase was made public in a document filed with the SEC. Additionally, Director DUNHAM ARCHIE W bought 2,100,000 shares of this stock in a transaction that took place on December 21st. The stock was bought at an average price of $1.97 per share, for a total exchange amounting to $4,126,500. After the transaction, the Director DUNHAM ARCHIE W currently holds 9,347,375 shares of the company’s stock, which is worth approximately $29818126.

With this stock price’s latest movement, it is now -43.04% away from its 1-year high and 86.55% higher than its 1-year low price. In the past seven days, the stock price volatility for Chesapeake Energy Corporation was 6.99%, whereas its volatility in the past 30 days has been 5.38%. This public company’s stock also has a beta score of 2.45. When the beta value is less/more than 1, it can imply that the stock is less/more volatile than the wider stock market – a metric that traders will surely be keeping tabs on.

Chesapeake Energy Corporation (NYSE:CHK) most recently published its quarterly earnings results. The firm posted $0.21 earnings per share (EPS) for the three-month period, surpassing analysts’ consensus estimate of $0.18 by $0.03. The publicly-traded organization reported revenue of $3,069.00 million for the quarter, compared to the average analyst forecast calling for $2,295.84 million, which was surpassing the analyst consensus estimate.

Shares of Chesapeake Energy Corporation (CHK) surged 1.92%, amounting to a gain of $0.06 per share, to finish the regular trading session at $3.19 on Monday 03/04/2019. After beginning the session at $3.22, shares of Chesapeake Energy Corporation reached as high as $3.32 during the day, while hitting a 1-day low of $3.05. Trade volume reached 75,894,642 shares against this stock’s average daily volume of 47.71M shares, with a total float of 901.22M. As a consequence of the price increase, Chesapeake Energy Corporation now has a current market value of 2.90B.

Alcoa Corporation (NYSE:AA) subtracted -1.69% to its trading price by the close of the most recent session, dropping from its previous closing price of $29.66 to $29.16. This stock decreased in value by -5.26% during the last 7-day period, and experienced a loss of -1.75% over the past 30-day period. In the past three months, this stock’s price lost by -13.21% , and subtracted -35.39% to its price during the last six months of trading. AA demonstrated a yearly price loss of -35.30% , while its year-to-date (YTD) price performance has been up 9.71% . This stock’s price changed by +16.59% compared to its 90-day low, and moved down -7.28% comparing to its 90-day high price.

Have a quick look on short, medium and long-term indicators. According to the Composite Indicator, Trendspotter rated the AA stock as “Buy”. In the short-term, Alcoa Corporation (AA) has a 20-day average volume of 3,560,135 shares and short-term indicators sets the AA stock as “ 0% Hold ” on average basis. In the medium-term, AA stock has a 50-Day average volume of 4,076,684 shares and medium-term indicators gave the average rating of “ 25% Sell ”, while in the long-term period the stock has a 100-Day average volume of 3,880,068 shares. On average, long-term indicators rated the stock as “67% Sell ”. The overall picture from all short, medium and long-term indicators sets the AA stock as “16% Sell ” on average basis.

Recently, multiple brokerages have sent out reports on AA. Goldman, for example, Upgrade its rating on shares of Alcoa Corporation from “Neutral ” to a “ Buy”according to a research note from Monday January 14th, 2019. B. Riley FBR Reiterated their target price for this stock from $50 to $49, while giving the stock a “Buy” rating, as stated in a research report from Thursday, December 20th, 2018. Credit Suisse, on the other hand, Reiterated a “Outperform” rating on this stock, while posting a $58 price target on shares of this company’s stock in a research note dated Tuesday, September 25th, 2018.

In other news related to Alcoa Corporation stock, 83.12% shares of AA held by institutions. The total number of institutions who held the AA shares was 178, according to most recent SEC filling. During the past quarter, total 65,627,925 shares held by institutions with the net change of 2,811,452 shares. In the meantime, 28 new institutions bought the shares of Alcoa Corporation for the first time and 19 institutions sold all their holdings in the company’s common stock. 87 institutions increased their investment in the AA stock and 64 institutions decreased their investment in the Alcoa Corporation (AA)’s stock during the last quarter.