Century Aluminum Co. (NASDAQ:CENX) shares dropped 4.4% during mid-day trading on Monday . The company traded as low as $6.65 and last traded at $6.68, with a volume of 860,654 shares trading hands. The stock had previously closed at $6.99.

CENX has been the subject of a number of recent research reports. Zacks Investment Research upgraded Century Aluminum from a “hold” rating to a “strong-buy” rating and set a $8.50 target price for the company in a report on Tuesday, April 19th. TheStreet lowered Century Aluminum from a “hold” rating to a “sell” rating in a report on Tuesday, May 31st. Cowen and Company lifted 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 lifted 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. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. The company has a consensus rating of “Hold” and an average price target of $6.85.

The stock has a 50 day moving average price of $6.88 and a 200 day moving average price of $6.42. The firm’s market capitalization is $585.04 million.

Century Aluminum (NASDAQ:CENX) last posted its quarterly earnings data on Thursday, April 28th. The company reported ($0.23) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.44) by $0.21. The company had revenue of $318.90 million for the quarter, compared to analyst estimates of $335.08 million. During the same quarter in the prior year, the business earned $0.76 EPS. Century Aluminum’s revenue was down 45.8% compared to the same quarter last year. On average, analysts predict that Century Aluminum Co. will post ($0.35) earnings per share for the current fiscal year.

An institutional investor recently raised its position in Century Aluminum stock. Bank of Montreal Can increased its position in shares of 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 fund owned 294,081 shares of the company’s stock after buying an additional 161,351 shares during the period. Bank of Montreal Can owned 0.34% of Century Aluminum worth $1,300,000 as of its most recent SEC filing.

Century Aluminum Company (Century) is a holding company, engaged in the production of primary aluminum and operation of aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates three United States aluminum smelters, in Hawesville, Kentucky (Hawesville), Robards, Kentucky (Sebree) and Mt.

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