Century Aluminum (NASDAQ:CENX) Reaches New 12-Month High at $15.05

Century Aluminum (NASDAQ:CENXGet Free Report) shares reached a new 52-week high during trading on Thursday . The company traded as high as $15.05 and last traded at $14.96, with a volume of 123465 shares trading hands. The stock had previously closed at $14.78.

Analyst Ratings Changes

A number of analysts recently commented on CENX shares. Wolfe Research upgraded shares of Century Aluminum from an “underperform” rating to a “peer perform” rating in a research report on Monday, December 18th. BMO Capital Markets upped their price objective on shares of Century Aluminum from $8.00 to $12.00 and gave the company a “market perform” rating in a research report on Wednesday, December 20th. B. Riley upgraded shares of Century Aluminum from a “neutral” rating to a “buy” rating and upped their price objective for the company from $10.00 to $14.00 in a research report on Tuesday, January 9th. Finally, StockNews.com upgraded shares of Century Aluminum from a “sell” rating to a “hold” rating in a research report on Wednesday, February 28th.

Check Out Our Latest Analysis on Century Aluminum

Century Aluminum Stock Performance

The stock has a fifty day simple moving average of $11.38 and a 200-day simple moving average of $9.35. The stock has a market cap of $1.43 billion, a P/E ratio of -30.78 and a beta of 2.67. The company has a debt-to-equity ratio of 1.25, a quick ratio of 0.38 and a current ratio of 1.01.

Century Aluminum (NASDAQ:CENXGet Free Report) last released its earnings results on Wednesday, February 21st. The industrial products company reported $0.30 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.23) by $0.53. The firm had revenue of $512.30 million during the quarter, compared to analysts’ expectations of $514.40 million. Century Aluminum had a positive return on equity of 5.18% and a negative net margin of 2.05%. On average, equities analysts expect that Century Aluminum will post -0.16 earnings per share for the current year.

Hedge Funds Weigh In On Century Aluminum

A number of large investors have recently modified their holdings of the business. State Street Corp boosted its stake in shares of Century Aluminum by 87.9% during the 2nd quarter. State Street Corp now owns 10,536,517 shares of the industrial products company’s stock worth $77,654,000 after buying an additional 4,927,814 shares during the last quarter. BlackRock Inc. boosted its stake in shares of Century Aluminum by 4.1% during the 2nd quarter. BlackRock Inc. now owns 9,731,649 shares of the industrial products company’s stock worth $84,860,000 after buying an additional 387,221 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Century Aluminum by 7.5% during the 3rd quarter. Vanguard Group Inc. now owns 6,433,179 shares of the industrial products company’s stock worth $33,967,000 after buying an additional 446,228 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Century Aluminum by 22.9% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,905,938 shares of the industrial products company’s stock worth $39,058,000 after buying an additional 727,150 shares during the last quarter. Finally, Mountaineer Partners Management LLC boosted its stake in shares of Century Aluminum by 11.5% during the 4th quarter. Mountaineer Partners Management LLC now owns 2,270,805 shares of the industrial products company’s stock worth $27,568,000 after buying an additional 234,937 shares during the last quarter. 61.59% of the stock is currently owned by institutional investors and hedge funds.

About Century Aluminum

(Get Free Report)

Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates a carbon anode production facility in the Netherlands. Century Aluminum Company was founded in 1995 and is headquartered in Chicago, Illinois.

See Also

Receive News & Ratings for Century Aluminum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Aluminum and related companies with MarketBeat.com's FREE daily email newsletter.