Century Aluminum (NASDAQ:CENX) Trading Down 5.3%
Century Aluminum Co (NASDAQ:CENX) traded down 5.3% during mid-day trading on Friday . The company traded as low as $5.59 and last traded at $5.67, 1,499,720 shares were traded during trading. A decline of 9% from the average session volume of 1,648,507 shares. The stock had previously closed at $5.99.
A number of analysts have recently issued reports on the stock. BidaskClub downgraded shares of Century Aluminum from a “hold” rating to a “sell” rating in a report on Tuesday, January 28th. ValuEngine upgraded shares of Century Aluminum from a “hold” rating to a “buy” rating in a report on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Century Aluminum has a consensus rating of “Hold” and an average price target of $11.33.
The company has a current ratio of 2.23, a quick ratio of 0.72 and a debt-to-equity ratio of 0.40. The company’s fifty day moving average is $6.62 and its two-hundred day moving average is $6.68. The stock has a market cap of $504.03 million, a price-to-earnings ratio of -3.57 and a beta of 2.03.
Large investors have recently bought and sold shares of the business. Tower Research Capital LLC TRC grew its stake in shares of Century Aluminum by 1,471.5% in the third quarter. Tower Research Capital LLC TRC now owns 7,512 shares of the industrial products company’s stock worth $49,000 after acquiring an additional 7,034 shares in the last quarter. Voloridge Investment Management LLC acquired a new position in shares of Century Aluminum in the third quarter worth $80,000. Teza Capital Management LLC acquired a new position in shares of Century Aluminum in the fourth quarter worth $80,000. Trexquant Investment LP acquired a new position in shares of Century Aluminum in the fourth quarter worth $98,000. Finally, SG Americas Securities LLC grew its stake in shares of Century Aluminum by 11.2% in the third quarter. SG Americas Securities LLC now owns 15,872 shares of the industrial products company’s stock worth $105,000 after acquiring an additional 1,604 shares in the last quarter. Institutional investors and hedge funds own 52.89% of the company’s stock.
About Century Aluminum (NASDAQ:CENX)
Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.
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