Trading Day Review: Century Aluminum Co. (CENX) Gains Momentum, Closing at 17.99

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The price of Century Aluminum Co. (NASDAQ: CENX) closed at $17.99 in the last session, up 0.56% from day before closing price of $17.89. In other words, the price has increased by $0.56 from its previous closing price. On the day, 1.23 million shares were traded. CENX stock price reached its highest trading level at $18.2592 during the session, while it also had its lowest trading level at $17.23.

Ratios:

We take a closer look at CENX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 156.82. For the most recent quarter (mrq), Quick Ratio is recorded 0.38 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.27.

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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when Aboud Matt sold 3,766 shares for $10.61 per share. The transaction valued at 39,957 led to the insider holds 59,248 shares of the business.

Trpkovski Peter A sold 13,908 shares of CENX for $171,347 on Dec 28 ’23. The SVP, Finance and Treasurer now owns 41,998 shares after completing the transaction at $12.32 per share. On Dec 27 ’23, another insider, Gary Jesse E, who serves as the President and CEO of the company, sold 68,162 shares for $12.60 each. As a result, the insider received 858,841 and left with 76,443 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 1667681920 and an Enterprise Value of 2039530240. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.76 while its Price-to-Book (P/B) ratio in mrq is 4.69. Its current Enterprise Value per Revenue stands at 0.933 whereas that against EBITDA is 19.151.

Stock Price History:

Over the past 52 weeks, CENX has reached a high of $18.64, while it has fallen to a 52-week low of $5.70. The 50-Day Moving Average of the stock is 37.74%, while the 200-Day Moving Average is calculated to be 87.15%.

Shares Statistics:

According to the various share statistics, CENX traded on average about 1.43M shares per day over the past 3-months and 1542700 shares per day over the past 10 days. A total of 92.69M shares are outstanding, with a floating share count of 51.10M. Insiders hold about 44.70% of the company’s shares, while institutions hold 64.86% stake in the company. Shares short for CENX as of 1711584000 were 7277442 with a Short Ratio of 5.09, compared to 1709164800 on 6867619. Therefore, it implies a Short% of Shares Outstanding of 7277442 and a Short% of Float of 16.96.

Dividends & Splits

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

Earnings Estimates

The market rating for Century Aluminum Co. (CENX) is a result of the insights provided by Cenntro Inc. analysts actively involved in the assessment.The consensus estimate for the next quarter is $84.22, with high estimates of $39.17 and low estimates of $17.99.

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