Century Aluminum Co (NASDAQ: CENX) on Friday, soared 7.10% from the previous trading day, before settling in for the closing price of $21.12. Within the past 52 weeks, CENX’s price has moved between $7.28 and $22.77.
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Annual sales at Basic Materials sector company grew by 5.29% over the past five years. The company achieved an average annual earnings per share of 409.09%. With a float of $51.53 million, this company’s outstanding shares have now reached $92.69 million.
Let’s look at the performance matrix of the company that is accounted for 2939 employees. In terms of profitability, gross margin is 7.52%, operating margin of 4.92%, and the pretax margin is 15.02%.
Century Aluminum Co (CENX) Insider Updates
Observing investor behavior towards Aluminum industry stocks is more important than anything else. The insider ownership of Century Aluminum Co is 44.47%, while institutional ownership is 60.46%. 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) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 409.09% per share during the next fiscal year.
Century Aluminum Co (NASDAQ: CENX) Trading Performance Indicators
Century Aluminum Co (CENX) is currently performing well based on its current performance indicators. A quick ratio of 0.56 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.07.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.07, a number that is poised to hit 0.51 in the next quarter and is forecasted to reach 1.99 in one year’s time.
Technical Analysis of Century Aluminum Co (CENX)
Century Aluminum Co (NASDAQ: CENX) saw its 5-day average volume 1.45 million, a positive change from its year-to-date volume of 1.34 million. As of the previous 9 days, the stock’s Stochastic %D was 68.65%. Additionally, its Average True Range was 1.23.
During the past 100 days, Century Aluminum Co’s (CENX) raw stochastic average was set at 87.58%, which indicates a significant increase from 77.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.50% in the past 14 days, which was higher than the 73.33% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.97, while its 200-day Moving Average is $15.52. Nevertheless, the first resistance level for the watch stands at $23.81 in the near term. At $25.01, the stock is likely to face the second major resistance level. The third major resistance level sits at $25.80. If the price goes on to break the first support level at $21.82, it is likely to go to the next support level at $21.03. Assuming the price breaks the second support level, the third support level stands at $19.83.
Century Aluminum Co (NASDAQ: CENX) Key Stats
Market capitalization of the company is 2.25 billion based on 92,799K outstanding shares. Right now, sales total 2,185 M and income totals -43,100 K. The company made 539,100 K in profit during its latest quarter, and 47,300 K in sales during its previous quarter.
