The trading price of Century Aluminum Co. (NASDAQ:CENX) closed higher on Friday, April 19, closing at $17.89, 2.70% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $18.64 and a 52-week low of $5.70. Over the past month, the stock has gained 41.20% in value.
Century Aluminum Co., whose market valuation is $1.65 billion at the time of this writing, is expected to release its quarterly earnings report May 06, 2024 – May 10, 2024. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Century Aluminum Co. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest CENX has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that CENX’s price is currently 11.98% off the SMA20 and 38.57% off the SMA50. The RSI metric on the 14-day chart is currently showing 75.04, and weekly volatility stands at 5.89%. When measured over the past 30 days, the indicator reaches 5.84%. Century Aluminum Co. (NASDAQ:CENX)’s beta value is currently sitting at 2.66, while the Average True Range indicator is currently displaying 0.93.
To see how Century Aluminum Co. stock has been performing in comparison to its peers in the industry, here are the numbers: CENX stock’s performance was 2.70% in the latest trading, and 82.92% in the past year.
An evaluation of the daily trading volume of Century Aluminum Co. (NASDAQ:CENX) indicates that the 3-month average is 1.42 million.
Currently, records show that 92.69 million of the company’s shares remain outstanding. The insiders hold 44.70% of outstanding shares, whereas institutions hold 64.86%. However, since the stock’s price has seen 47.36% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
