Century Aluminum Co. (NASDAQ:CENX) price on Wednesday, May 09, fall -3.93% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $16.86.
A look at the stock’s price movement, the close in the last trading session was $17.55. The PE ratio in trailing twelve months stood at 7.46. Turning to its 52-week performance, $18.64 and $5.70 were the 52-week high and 52-week low respectively. Overall, CENX moved -0.94% over the past month.
Century Aluminum Co.’s market cap currently stands at around $1.56 billion.
Analysts have a consensus estimate of 501.2M for the company’s revenue for the quarter, with a low and high estimate of 475M and 527.4M respectively. The average forecast suggests down to a -12.90% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.02B, representing a -7.60% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that CENX is a 50% 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 -2.52% and 14.51% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 52.82, while 7-day volatility ratio is 3.42% and 5.19% in the 30-day chart. Further, Century Aluminum Co. (CENX) has a beta value of 2.58, and an average true range (ATR) of 0.87.
If we refocus on Century Aluminum Co. (NASDAQ:CENX), historical trading data shows that trading volumes averaged 1.46 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 63.88% of the company’s shares. Current price change has pushed the stock 38.88% 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.