For the readers interested in the stock health of Century Aluminum Company (CENX). It is currently valued at $12.83. When the transactions were called off in the previous session, Stock hit the highs of $12.95, after setting-off with the price of $11.95. Company’s stock value dipped to $11.95 during the trading on the day. When the trading was stopped its value was $11.70.
Recently in News on July 19, 2021, Century Aluminum Announces Power Contract Extension for its Grundartangi, Iceland smelter. Century Aluminum Company (NASDAQ: CENX), announced today its wholly-owned subsidiary, Norðurál Grundartangi ehf, has successfully reached an agreement with Landsvirkjun, the National Power Company in Iceland, to extend its existing 161 MW power contract by three years through 2026. The extension will increase the contract to 182 MW over time to provide the necessary flexibility to support the most recent capacity creep requirements and future growth opportunities for value-added products at the plant. You can read further details here
Century Aluminum Company had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $19.60 on 03/11/21, with the lowest value was $9.04 for the same time period, recorded on 01/27/21.
Century Aluminum Company (CENX) full year performance was 64.28%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Century Aluminum Company shares are logging -34.54% during the 52-week period from high price, and 104.63% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $6.27 and $19.60.
The company’s shares, operating in the sector of Basic Materials managed to top a trading volume set approximately around 1595453 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Century Aluminum Company (CENX) recorded performance in the market was 16.32%, having the revenues showcasing -19.71% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.19B, as it employees total of 2078 workers.
Analysts verdict on Century Aluminum Company (CENX)
During the last month, 0 analysts gave the Century Aluminum Company a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 14.70, with a change in the price was noted -0.90. In a similar fashion, Century Aluminum Company posted a movement of -6.55% for the period of last 100 days, recording 1,781,692 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CENX is recording 0.78 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.60.
Century Aluminum Company (CENX): Technical Analysis
Raw Stochastic average of Century Aluminum Company in the period of last 50 days is set at 33.11%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 80.86%. In the last 20 days, the company’s Stochastic %K was 45.18% and its Stochastic %D was recorded 26.62%.
Let’s take a glance in the erstwhile performances of Century Aluminum Company, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 16.32%. Additionally, trading for the stock in the period of the last six months notably improved by 5.25%, alongside a boost of 64.28% for the period of the last 12 months. The shares increased approximately by 8.82% in the 7-day charts and went up by 6.83% in the period of the last 30 days. Common stock shares were lifted by -19.71% during last recorded quarter.