The stock of Century Aluminum Co (NASDAQ:CENX) is a huge mover today! About 2.50M shares traded hands or 15.21% up from the average. Century Aluminum Co (NASDAQ:CENX) has risen 18.66% since April 20, 2016 and is uptrending. It has outperformed by 14.11% the S&P500.
The move comes after 5 months positive chart setup for the $936.02 million company. It was reported on Nov, 22 by Barchart.com. We have $10.84 PT which if reached, will make NASDAQ:CENX worth $28.08M more.
Century Aluminum Co (NASDAQ:CENX) Ratings Coverage
Out of 5 analysts covering Century Aluminum Company (NASDAQ:CENX), 0 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 0 are positive. Century Aluminum Company has been the topic of 14 analyst reports since July 21, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained it with “Hold” rating and $7.50 target price in Monday, May 2 report. The firm earned “Market Perform” rating on Friday, August 7 by Cowen & Co. Cowen & Co maintained Century Aluminum Co (NASDAQ:CENX) rating on Friday, April 29. Cowen & Co has “Market Perform” rating and $8 price target. Deutsche Bank downgraded the shares of CENX in a report on Monday, October 5 to “Hold” rating. Nomura downgraded the shares of CENX in a report on Monday, November 9 to “Neutral” rating. The rating was maintained by Morgan Stanley with “Underweight” on Tuesday, August 18. The stock of Century Aluminum Co (NASDAQ:CENX) has “Market Perform” rating given on Friday, February 19 by Cowen & Co. The stock has “Market Perform” rating given by Cowen & Co on Friday, August 7. The firm has “Market Perform” rating by BMO Capital Markets given on Tuesday, February 23. The firm has “Neutral” rating given on Friday, October 28 by JP Morgan.
According to Zacks Investment Research, “Century Aluminum Company is a producer of primary aluminum. Century’s principal subsidiary, Century Aluminum of West Virginia, Inc. owns and operates a reduction facility, located on the Ohio River.”
Insitutional Activity: The institutional sentiment increased to 1.28 in 2016 Q2. Its up 0.23, from 1.05 in 2016Q1. The ratio is positive, as 24 funds sold all Century Aluminum Co shares owned while 38 reduced positions. 17 funds bought stakes while 48 increased positions. They now own 46.69 million shares or 3.17% less from 48.22 million shares in 2016Q1.
Virginia Retirement Systems Et Al owns 33,600 shares or 0% of their US portfolio. The New York-based Springbok Cap Mgmt Limited Liability Co has invested 0.02% in Century Aluminum Co (NASDAQ:CENX). Acadian Asset Management Ltd Liability Co owns 319,494 shares or 0.01% of their US portfolio. Quantbot Techs Limited Partnership last reported 6,022 shares in the company. Thrivent Financial For Lutherans accumulated 0% or 24,220 shares. Ny State Common Retirement Fund has 0% invested in the company for 49,497 shares. Schwab Charles Invest Management Incorporated reported 349,029 shares or 0% of all its holdings. The Minnesota-based Us Natl Bank De has invested 0% in Century Aluminum Co (NASDAQ:CENX). Louisiana State Employees Retirement Sys, a Louisiana-based fund reported 22,000 shares. The New York-based Mufg Americas has invested 0% in Century Aluminum Co (NASDAQ:CENX). Los Angeles Mgmt Equity last reported 57,980 shares in the company. Parametric Limited Company holds 0% of its portfolio in Century Aluminum Co (NASDAQ:CENX) for 395,406 shares. Moreover, Invesco Limited has 0% invested in Century Aluminum Co (NASDAQ:CENX) for 718,389 shares. Natixis last reported 0.31% of its portfolio in the stock. Highbridge Capital Management Limited Liability Corp holds 0% or 10,783 shares in its portfolio.
More news for Century Aluminum Co (NASDAQ:CENX) were recently published by: Fool.com, which released: “Why Shares of Century Aluminum Co. Are Rising 12% Today” on November 09, 2016. Fool.com‘s article titled: “Why Century Aluminum Co. Shares Fell 35.5% in May” and published on June 08, 2016 is yet another important article.
CENX Company Profile
Century Aluminum Company (Century), incorporated on February 20, 1981, 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 Firm operates through primary aluminum segment. The Company’s primary aluminum facilities produce standard grade primary aluminum products. The Company’s annual primary aluminum production capacity is approximately 1,013,000 tons yearly (tpy). The Company’s 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). The Company’s 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). Century Sebree operates a primary aluminum reduction facility in Robards, Kentucky (Sebree). CASC operates a primary aluminum reduction facility in Mt. Holly, South Carolina (Mt. Holly). Nordural Helguvik ehf, a subsidiary of Nordural, owns a greenfield primary aluminum project in Helguvik, Iceland (Helguvik or the Helguvik project).
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