Century Aluminum Co. (CENX) Stock Price Down 1.3%
Century Aluminum Co. (NASDAQ:CENX) traded down 1.3% on Friday . The stock traded as low as $6.20 and last traded at $6.21, with a volume of 655,399 shares changing hands. The stock had previously closed at $6.29.
Several equities research analysts have recently weighed in on the company. Zacks Investment Research upgraded Century Aluminum from a “hold” rating to a “buy” rating and set a $7.75 price objective on the stock in a research note on Monday, July 4th. JPMorgan Chase & Co. reissued a “sell” rating on shares of Century Aluminum in a report on Friday, July 29th. Finally, TheStreet downgraded Century Aluminum from a “hold” rating to a “sell” rating in a report on Tuesday, May 31st. Two equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $6.85.
The stock has a 50-day moving average of $7.05 and a 200-day moving average of $7.05. The stock’s market cap is $540.74 million.
Century Aluminum (NASDAQ:CENX) last issued its quarterly earnings data on Thursday, July 28th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.14) by $0.09. During the same quarter last year, the business earned $0.25 earnings per share. The company had revenue of $326.75 million for the quarter, compared to analyst estimates of $338.22 million. The company’s revenue was down 37.6% on a year-over-year basis. On average, analysts expect that Century Aluminum Co. will post ($0.30) earnings per share for the current 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.