Analytical Lens: Exploring Century Aluminum Co. (CENX)’s Financial Story Through Ratios

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The closing price of Century Aluminum Co. (NASDAQ: CENX) was $16.31 for the day, up 0.22% from the previous closing price of $16.27. In other words, the price has increased by $0.22 from its previous closing price. On the day, 0.58 million shares were traded. CENX stock price reached its highest trading level at $16.495 during the session, while it also had its lowest trading level at $16.095.

Ratios:

Our analysis of CENX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 1.72. In the meantime, Its Debt-to-Equity ratio is 0.80 whereas as Long-Term Debt/Eq ratio is at 0.75.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on January 09, 2024, Upgraded its rating to Buy and sets its target price to $14 from $10 previously.

Wolfe Research Downgraded its Peer Perform to Underperform on July 11, 2023, while the target price for the stock was maintained at $6.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 26 ’24 when Gary Jesse E sold 60,000 shares for $16.21 per share. The transaction valued at 972,600 led to the insider holds 62,447 shares of the business.

Aboud Matt sold 3,766 shares of CENX for $39,957 on Mar 04 ’24. The SVP, Strategy & Business Dev’t now owns 59,248 shares after completing the transaction at $10.61 per share. On Dec 28 ’23, another insider, Trpkovski Peter A, who serves as the SVP, Finance and Treasurer of the company, sold 13,908 shares for $12.32 each. As a result, the insider received 171,347 and left with 41,998 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CENX now has a Market Capitalization of 1512870784 and an Enterprise Value of 1933370112. As of this moment, Century’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.55, and their Forward P/E ratio for the next fiscal year is 18.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 2.51. Its current Enterprise Value per Revenue stands at 0.917 whereas that against EBITDA is 19.688.

Stock Price History:

Over the past 52 weeks, CENX has reached a high of $21.37, while it has fallen to a 52-week low of $5.70. The 50-Day Moving Average of the stock is 15.18%, while the 200-Day Moving Average is calculated to be 13.58%.

Shares Statistics:

CENX traded an average of 1.31M shares per day over the past three months and 1014170 shares per day over the past ten days. A total of 92.69M shares are outstanding, with a floating share count of 51.53M. Insiders hold about 44.46% of the company’s shares, while institutions hold 60.47% stake in the company. Shares short for CENX as of 1726185600 were 5588998 with a Short Ratio of 4.25, compared to 1723680000 on 5294767. Therefore, it implies a Short% of Shares Outstanding of 5588998 and a Short% of Float of 13.29.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 1.84.

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