Century Aluminum Company (CENX) has been under a strong bear grip, hence the stock is down -17.79% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.32% in the past 1 week. The stock has risen by 0.85% in the past week indicating that the buyers are active at lower levels, but the stock is down -19.46% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 8.81% and the 50-Day Moving Average is 14.49%.The 200 Day SMA reached 4.57% Century Aluminum Co. has dropped 9.06% during the last 3-month period . Year-to-Date the stock performance stands at 33.94%.
Century Aluminum Company (CENX) stock is expected to deviate a maximum of $0.35 from the average target price of $7.75 for the short term period. 2 Street Experts have initiated coverage on the stock with the most promising target being $8 and the most muted being $8.
Company shares have received an average consensus rating of Hold for the current week Century Aluminum Company (NASDAQ:CENX): The stock opened at $5.76 and touched an intraday high of $5.93 on Friday. During the day, the stock corrected to an intraday low of $5.72, however, the bulls stepped in and pushed the price higher to close in the green at $5.92 with a gain of 1.54% for the day. The total traded volume for the day was 1,516,047. The stock had closed at $5.92 in the previous trading session.
Century Aluminum Company (Century) is a holding company, engaged in the production of primary aluminum and operation of aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates three United States aluminum smelters, in Hawesville, Kentucky (Hawesville), Robards, Kentucky (Sebree) and Mt. Holly, South Carolina (Mt. Holly), and one smelter in Grundartangi, Iceland (Grundartangi). The Company produces several primary products at its facilities, which include billet, foundry, slab and sow. The Companys annual primary aluminum production capacity is approximately 1,166,000 tons per year (tpy). In addition to its primary aluminum assets, the Company also owns a carbon anode production facility located in Vlissingen, the Netherlands (Vlissingen) and Baise Haohai Carbon Company, Ltd. (BHH) that owns and operates a carbon anode and cathode facility located in the Guangxi Zhuang Autonomous Region of south China.