Century Aluminum Co. (NASDAQ:CENX) dropped 5.7% on Monday . The company traded as low as $7.06 and last traded at $7.16, with a volume of 1,183,050 shares traded. The stock had previously closed at $7.59.

A number of equities research analysts have commented on CENX shares. JPMorgan Chase & Co. reiterated a “sell” rating on shares of Century Aluminum in a report on Friday, July 29th. TheStreet cut Century Aluminum from a “hold” rating to a “sell” rating in a report on Tuesday, May 31st. Zacks Investment Research upgraded Century Aluminum from a “hold” rating to a “strong-buy” rating and set a $8.50 target price on the stock in a report on Tuesday, April 19th. Cowen and Company increased their target price on Century Aluminum from $6.00 to $8.00 and gave the company a “market perform” rating in a report on Friday, April 29th. Finally, Deutsche Bank AG increased their target price on Century Aluminum from $7.00 to $7.50 and gave the company a “hold” rating in a report on Monday, May 2nd. Two research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $6.85.

The stock’s market cap is $583.30 million. The firm has a 50-day moving average of $6.91 and a 200 day moving average of $6.65.

Century Aluminum (NASDAQ:CENX) last announced its earnings results on Thursday, July 28th. The company reported ($0.05) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.09. The firm had revenue of $326.75 million for the quarter, compared to the consensus estimate of $338.22 million. During the same period in the previous year, the firm earned $0.25 EPS. Century Aluminum’s revenue for the quarter was down 37.6% on a year-over-year basis. On average, equities research analysts predict that Century Aluminum Co. will post ($0.33) earnings per share for the current fiscal year.

An institutional investor recently raised its position in Century Aluminum stock. Bank of Montreal Can raised its stake in Century Aluminum Co. (NASDAQ:CENX) by 121.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 294,081 shares of the company’s stock after buying an additional 161,351 shares during the period. Bank of Montreal Can owned about 0.34% of Century Aluminum worth $1,300,000 as of its most recent SEC filing.

Century Aluminum Company (Century) is a holding company, which is a producer of primary aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates through primary aluminum segment. Its primary aluminum facilities produce standard grade primary aluminum products.

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