Century Aluminum Company (NASDAQ:CENX - Get Free Report)'s stock price traded up 7.5% during mid-day trading on Monday . The stock traded as high as $22.14 and last traded at $21.85. 1,170,875 shares were traded during trading, a decline of 30% from the average session volume of 1,680,013 shares. The stock had previously closed at $20.32.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen lowered shares of Century Aluminum from a "buy" rating to a "hold" rating in a research note on Friday.
Get Our Latest Stock Analysis on Century Aluminum
Century Aluminum Stock Up 9.3%
The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 17.22 and a beta of 2.55. The firm has a 50 day simple moving average of $18.06 and a 200-day simple moving average of $18.17. The company has a debt-to-equity ratio of 0.66, a current ratio of 1.84 and a quick ratio of 0.63.
Century Aluminum (NASDAQ:CENX - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The industrial products company reported $0.28 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.53 by ($0.25). The firm had revenue of $633.90 million during the quarter, compared to analysts' expectations of $643.80 million. Century Aluminum had a return on equity of 19.06% and a net margin of 5.17%. On average, sell-side analysts forecast that Century Aluminum Company will post 2.76 EPS for the current fiscal year.
Institutional Trading of Century Aluminum
Hedge funds and other institutional investors have recently made changes to their positions in the business. Charles Schwab Investment Management Inc. boosted its stake in Century Aluminum by 10.6% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 539,161 shares of the industrial products company's stock worth $9,824,000 after acquiring an additional 51,770 shares during the last quarter. Natixis Advisors LLC bought a new stake in shares of Century Aluminum in the 4th quarter valued at $313,000. Teacher Retirement System of Texas bought a new stake in shares of Century Aluminum during the 4th quarter worth $264,000. Sei Investments Co. purchased a new position in shares of Century Aluminum during the fourth quarter worth about $372,000. Finally, KLP Kapitalforvaltning AS bought a new position in Century Aluminum in the fourth quarter worth $199,000. 61.59% of the stock is currently owned by institutional investors.
About Century Aluminum
(
Get Free Report)
Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Century Aluminum, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Century Aluminum wasn't on the list.
While Century Aluminum currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Summer 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
