A new trading day began on Monday, with Century Aluminum Co. (NASDAQ: CENX) stock price down -3.81% from the previous day of trading, before settling in for the closing price of $17.33. CENX’s price has ranged from $5.70 to $21.37 over the past 52 weeks.
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A company in the Basic Materials sector has jumped its sales by 5.29% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged 305.05%. With a float of $51.52 million, this company’s outstanding shares have now reached $92.69 million.
In an organization with 2939 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 3.07%, operating margin of 0.73%, and the pretax margin is 10.17%.
Century Aluminum Co. (CENX) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Aluminum Industry. The insider ownership of Century Aluminum Co. is 44.47%, while institutional ownership is 60.50%. The most recent insider transaction that took place on Jun 26 ’24, was worth 972,600. In this transaction President and CEO of this company sold 60,000 shares at a rate of $16.21, taking the stock ownership to the 62,447 shares. Before that another transaction happened on Mar 04 ’24, when Company’s SVP, Strategy & Business Dev’t sold 3,766 for $10.61, making the entire transaction worth $39,957. This insider now owns 59,248 shares in total.
Century Aluminum Co. (CENX) Latest Financial update
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.13 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.7 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 305.05% per share during the next fiscal year.
Century Aluminum Co. (NASDAQ: CENX) Trading Performance Indicators
Here are Century Aluminum Co.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.73.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.16, a number that is poised to hit 0.29 in the next quarter and is forecasted to reach 0.80 in one year’s time.
Technical Analysis of Century Aluminum Co. (CENX)
Let’s dig in a bit further. During the last 5-days, its volume was 0.76 million. That was inferior than the volume of 1.34 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 69.92%. Additionally, its Average True Range was 0.81.
During the past 100 days, Century Aluminum Co.’s (CENX) raw stochastic average was set at 52.84%, which indicates a significant decrease from 59.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.93% in the past 14 days, which was lower than the 67.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.89, while its 200-day Moving Average is $14.71. However, in the short run, Century Aluminum Co.’s stock first resistance to watch stands at $17.29. Second resistance stands at $17.91. The third major resistance level sits at $18.26. If the price goes on to break the first support level at $16.32, it is likely to go to the next support level at $15.97. The third support level lies at $15.36 if the price breaches the second support level.
Century Aluminum Co. (NASDAQ: CENX) Key Stats
With a market capitalization of 1.55 billion, the company has a total of 92,700K Shares Outstanding. Currently, annual sales are 2,185 M while annual income is -43,100 K. The company’s previous quarter sales were 560,800 K while its latest quarter income was -2,500 K.
