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CENX Stock Forecast: All the More Reason to Consider Century Aluminum Co. (CENX) Now

Century Aluminum Co. (NASDAQ: CENX) is 63.59% higher on its value in year-to-date trading and has touched a low of $5.70 and a high of $21.37 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CENX stock was last observed hovering at around $20.16 in the last trading session, with the day’s loss setting it -0.3%.

Currently trading at $19.86, the stock is 20.00% and 15.54% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -1.49% at the moment leaves the stock 66.28% off its SMA200. CENX registered 135.87% gain for a year compared to 6-month gain of 82.03%.

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The stock witnessed a 17.65% loss in the last 1 month and extending the period to 3 months gives it a 18.92%, and is 18.57% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.51% over the week and 4.86% over the month.

Century Aluminum Co. (CENX) has around 2939 employees, a market worth around $1.84B and $2.12B in sales. Current P/E ratio is 8.78 and Fwd P/E is 13.60. Profit margin for the company is 10.70%. Distance from 52-week low is 248.42% and -7.07% from its 52-week high. The company has generated returns on investments over the last 12 months (21.55%).

with sales reaching $502.95M over the same period.The EPS is expected to grow by 66.67% this year, but quarterly earnings will post -6.10% year-over-year. Quarterly sales are estimated to shrink -12.60% in year-over-year returns.

Century Aluminum Co. (CENX) Top Institutional Holders

The shares outstanding are 92.69M, and float is at 51.46M with Short Float at 14.52%.

Century Aluminum Co. (CENX) Insider Activity

The most recent transaction is an insider sale by Gary Jesse E,the company’sPresident and CEO. SEC filings show that Gary Jesse E sold 60,000 shares of the company’s common stock on Jun 26 ’24 at a price of $16.21 per share for a total of $0.97 million. Following the sale, the insider now owns 62447.0 shares.

Century Aluminum Co. disclosed in a document filed with the SEC on Mar 04 ’24 that Aboud Matt (SVP, Strategy & Business Dev’t) sold a total of 3,766 shares of the company’s common stock. The trade occurred on Mar 04 ’24 and was made at $10.61 per share for $39957.0. Following the transaction, the insider now directly holds 59248.0 shares of the CENX stock.

Still, SEC filings show that on Dec 28 ’23, Trpkovski Peter A (SVP, Finance and Treasurer) disposed off 13,908 shares at an average price of $12.32 for $0.17 million. The insider now directly holds 41,998 shares of Century Aluminum Co. (CENX).

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