Century Aluminum Co. (NASDAQ:CENX) price on Wednesday, April 17, rose 0.06% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $17.51.
A look at the stock’s price movement, the close in the last trading session was $17.50. The beta value (5-Year monthly) was 2.74. Turning to its 52-week performance, $18.64 and $5.70 were the 52-week high and 52-week low respectively. Overall, CENX moved 42.71% over the past month.
Century Aluminum Co.’s market cap currently stands at around $1.62 billion, with investors looking forward to this quarter’s earnings report slated for May 06, 2024 – May 10, 2024.
Revisions could be used as tool to get short term price movement insight, and for the company that in the past seven days was no upward and no downward review(s). Turning to the stock’s technical picture we see that short term indicators suggest on average that CENX is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
CENX’s current price about 13.33% and 38.63% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 73.86, while 7-day volatility ratio is 6.54% and 5.98% in the 30-day chart. Further, Century Aluminum Co. (CENX) has a beta value of 2.67, and an average true range (ATR) of 0.93.
If we refocus on Century Aluminum Co. (NASDAQ:CENX), historical trading data shows that trading volumes averaged 1.41 million over the past 3 months. The company’s latest data on shares outstanding shows there are 92.69 million shares.
The 44.70% of Century Aluminum Co.’s shares are in the hands of company insiders while institutional holders own 64.87% of the company’s shares. Current price change has pushed the stock 44.23% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CENX stock continues to rise going into the next quarter.
