Stock Market Recap: Century Aluminum Co (CENX) Concludes at 23.04, a -3.36 Surge/Decline

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After finishing at $23.84 in the prior trading day, Century Aluminum Co (NASDAQ: CENX) closed at $23.04, down -3.36%. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 0.92 million shares were traded. CENX stock price reached its highest trading level at $24.2 during the session, while it also had its lowest trading level at $22.88.

Ratios:

Our goal is to gain a better understanding of CENX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.75 whereas as Long-Term Debt/Eq ratio is at 0.69.

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:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 2138084480 and an Enterprise Value of 2567785472. As of this moment, Century’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.50, and their Forward P/E ratio for the next fiscal year is 11.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.98 while its Price-to-Book (P/B) ratio in mrq is 3.28. Its current Enterprise Value per Revenue stands at 1.222 whereas that against EBITDA is 13.843.

Stock Price History:

Over the past 52 weeks, CENX has reached a high of $24.21, while it has fallen to a 52-week low of $7.28. The 50-Day Moving Average of the stock is 24.48%, while the 200-Day Moving Average is calculated to be 43.89%.

Shares Statistics:

The stock has traded on average 1.09M shares per day over the past 3-months and 1129470 shares per day over the last 10 days, according to various share statistics. A total of 92.69M shares are outstanding, with a floating share count of 51.53M. Insiders hold about 44.47% of the company’s shares, while institutions hold 60.45% stake in the company. Shares short for CENX as of 1731628800 were 4803844 with a Short Ratio of 4.43, compared to 1728950400 on 5484752. Therefore, it implies a Short% of Shares Outstanding of 4803844 and a Short% of Float of 11.42.

Dividends & Splits

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

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