Century Aluminum Co (NASDAQ:CENX) Jumps 0.55 Percent, But More Could Be Coming.

In last trading session, Century Aluminum Co (NASDAQ:CENX) saw 1.08 million shares changing hands with its beta currently measuring 2.48. Company’s recent per share price level of $22.10 trading at $0.12 or 0.55% at ring of the bell on the day assigns it a market valuation of $2.05B. That closing price of CENX’s stock is at a discount of -2.53% from its 52-week high price of $22.66 and is indicating a premium of 71.72% from its 52-week low price of $6.25. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.54 million shares which gives us an average trading volume of 1.10 million if we extend that period to 3-months.

For Century Aluminum Co (CENX), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.37 in the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Century Aluminum Co (NASDAQ:CENX) trade information

Upright in the green during last session for gaining 0.55%, in the last five days CENX remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $22.10 price level, adding 2.94% to its value on the day. Century Aluminum Co’s shares saw a change of 82.04% in year-to-date performance and have moved 25.21% in past 5-day. Century Aluminum Co (NASDAQ:CENX) showed a performance of 38.69% in past 30-days. Number of shares sold short was 5.48 million shares which calculate 5.72 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 18 to the stock, which implies a fall of -22.78% to its current value. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 24. It follows that stock’s current price would jump 72.85% in reaching the projected high whereas dropping to the targeted low would mean a gain of 72.85% for stock’s current value.

Century Aluminum Co (CENX) estimates and forecasts

Statistics highlight that Century Aluminum Co is scoring comparatively higher than the scores of other players of the relevant industry. The company added 29.01% of value to its shares in past 6 months, showing an annual growth rate of 642.55% while that of industry is 14.40. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -4.10% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 528.4M for the same. And 1 analysts are in estimates of company making revenue of 503M in the next quarter. Company posted 512.3M and 489.5M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 9.20% during past 5 years.

Century Aluminum Co (NASDAQ:CENX)’s Major holders

Insiders are in possession of 43.79% of company’s total shares while institution are holding 61.91 percent of that, with stock having share float percentage of 110.13%. Investors also watch the number of corporate investors in a company very closely, which is 61.91% institutions for Century Aluminum Co that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at CENX for having 9.8 million shares of worth $164.13 million. And as of 2024-06-30, it was holding 10.5703 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 5.83 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.2892 of outstanding shares, having a total worth of $97.65 million.