Arconic Inc.s in-depth stock price analysis indicates that the stock price has rallied 48.77% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -1.28% . Looking at the past 52 week period, the stock price is up at 28.38% . Relative price strength is a important factor used by wealth management firms while investing in stocks since the indicator compares the stock performance with the overall market. The relative price strength of Arconic Inc. has a negative value of -35.5 compared to overall market performance. Arconic Inc. (NYSE:ARNC) has climbed 14.36% in the past week and advanced 40.18% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 13.44% and the outperformance has advanced to 37.67% for the last 4 weeks period.
Arconic Inc. (NYSE:ARNC) : On Friday heightened volatility was witnessed in Arconic Inc. (NYSE:ARNC) which led to swings in the share price. The stock opened for trading at $28.23 and hit $29.85 on the upside , eventually ending the session at $29.62, with a gain of 5.94% or 1.66 points. The heightened volatility saw the trading volume jump to 11,540,809 shares. The 52-week high of the share price is $29.85 and the company has a market cap of $12,988 million. The 52-week low of the share price is at $16.75 .
Arconic was carved out of aluminum giant Alcoa on November 1, 2016. The company describes itself as a global leader in multi-material, precision engineered products and solutions for a variety of industries.