Century Aluminum Co. (CENX) Trading Down 1.3%
Century Aluminum Co. (NASDAQ:CENX) shares dropped 1.3% during trading on Friday . The stock traded as low as $6.20 and last traded at $6.21, with a volume of 655,399 shares trading hands. The stock had previously closed at $6.29.
CENX has been the subject of several research analyst reports. Zacks Investment Research upgraded shares of Century Aluminum from a “hold” rating to a “buy” rating and set a $7.75 price objective for the company in a research report on Monday, July 4th. JPMorgan Chase & Co. restated a “sell” rating on shares of Century Aluminum in a research report on Friday, July 29th. Finally, TheStreet downgraded shares of Century Aluminum from a “hold” rating to a “sell” rating in a research report on Tuesday, May 31st. Two research analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. The company has a consensus rating of “Hold” and an average target price of $6.85.
The company’s market capitalization is $540.74 million. The stock has a 50-day moving average of $7.09 and a 200 day moving average of $7.05.
Century Aluminum (NASDAQ:CENX) last released its earnings results on Thursday, July 28th. The company reported ($0.05) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.14) by $0.09. The company had revenue of $326.75 million for the quarter, compared to the consensus estimate of $338.22 million. During the same period in the prior year, the company earned $0.25 earnings per share. The firm’s revenue was down 37.6% on a year-over-year basis. Analysts predict that Century Aluminum Co. will post ($0.30) EPS for the current fiscal year.
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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