Century Aluminum Company (CENX) : Traders are bullish on Century Aluminum Company (CENX) as it has outperformed the S&P 500 by a wide margin of 12.52% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.29%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 5.46% in the last 1 week, and is up 11.92% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 11.53% and the 50-Day Moving Average is 3.95%.The 200 Day SMA reached 9.58%
Century Aluminum Company (NASDAQ:CENX): After opening at $6.94, the stock dipped to an intraday low of $6.69 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $7.01 and the buying power remained strong till the end. The stock closed at $6.95 for the day, a gain of 1.91% for the day session. The total traded volume was 1,562,450. The stocks close on the previous trading day was $6.95.
Century Aluminum Company (CENX) : Currently there are 2 street experts covering Century Aluminum Company (CENX) stock. The most bullish and bearish price target for the stock is $8 and $8 respectively for the short term. The average price target of all the analysts comes to $7.75. The estimated standard deviation from the target is $0.35.
Century Aluminum Company (Century) is a holding company, engaged in the production of primary aluminum and operation of aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates three United States aluminum smelters, in Hawesville, Kentucky (Hawesville), Robards, Kentucky (Sebree) and Mt. Holly, South Carolina (Mt. Holly), and one smelter in Grundartangi, Iceland (Grundartangi). The Company produces several primary products at its facilities, which include billet, foundry, slab and sow. The Companys annual primary aluminum production capacity is approximately 1,166,000 tons per year (tpy). In addition to its primary aluminum assets, the Company also owns a carbon anode production facility located in Vlissingen, the Netherlands (Vlissingen) and Baise Haohai Carbon Company, Ltd. (BHH) that owns and operates a carbon anode and cathode facility located in the Guangxi Zhuang Autonomous Region of south China.