Zacks Investment Research downgraded Century Aluminum Co (NASDAQ:CENX) to Sell in a statement released earlier today.
- Updated: October 2, 2016
Zacks Investment Research has downgraded Century Aluminum Co (NASDAQ:CENX) to Sell in a statement released on Wednesday September 28, 2016.
On 2/05/2016, Deutsche Bank released a statement for Century Aluminum Co (NASDAQ:CENX) bumped up the target price from $7.00 to $7.50 that suggested a downside of -0.11%.
Boasting a price of $6.66, Century Aluminum Co (NASDAQ:CENX) traded 1.91% higher on the day. With the last stock price close down -0.05% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Century Aluminum Co has recorded a 50-day average of $6.54 and a two hundred day average of $6.95. Volume of trade was down over the average, with 1,562,450 shares of CENX changing hands under the typical 1,899,060
With a total market value of $0, Century Aluminum Co has with a one year low of $2.63 and a one year high of $9.40 .
A total of 3 equity analysts have released a ratings update on CENX. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, five equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $7.83.
Brief Synopsis About Century Aluminum Co (NASDAQ:CENX)
Century Aluminum Company (Century) is a holding company, which is a producer of primary aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. The Company operates through primary aluminum segment. Its primary aluminum facilities produce standard grade primary aluminum products. Its annual primary aluminum production capacity is approximately 1,013,000 tons per year (tpy). Its principal subsidiaries are Century Kentucky, Inc. (CAKY), Nordural ehf (Nordural), Century Aluminum Sebree LLC (Century Sebree), Century Aluminum of South Carolina (CASC) and Century Aluminum of West Virginia, Inc. (Century of West Virginia). Its CAKY operates a primary aluminum reduction facility in Hawesville, Kentucky (Hawesville). Nordural Grundartangi ehf, a subsidiary of Nordural, operates a primary aluminum reduction facility in Grundartangi, Iceland (Grundartangi). Its Mt. Holly, located in Goose Creek, South Carolina, is a primary aluminum reduction facility.
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