The price-to-earnings ratio for Century Aluminum Co (NASDAQ: CENX) is 6.70x, which is above its average ratio. Moreover, the 36-month beta value for CENX is 2.50. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for CENX is 51.53M and currently, short sellers hold a 8.21% of that float. On December 13, 2024, CENX’s average trading volume was 1.06M shares.
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CENX) stock’s latest price update
The stock price of Century Aluminum Co (NASDAQ: CENX) has plunged by -3.92 when compared to previous closing price of 21.42, but the company has seen a -9.41% decline in its stock price over the last five trading sessions. zacks.com reported 2024-12-13 that If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Century (CENX) could be a great choice. It is one of the several stocks that passed through our ‘Fast-Paced Momentum at a Bargain’ screen.
CENX’s Market Performance
Century Aluminum Co (CENX) has seen a -9.41% fall in stock performance for the week, with a -0.53% decline in the past month and a 44.94% surge in the past quarter. The volatility ratio for the week is 4.69%, and the volatility levels for the past 30 days are at 4.84% for CENX. The simple moving average for the last 20 days is -9.32% for CENX stock, with a simple moving average of 23.37% for the last 200 days.
Analysts’ Opinion of CENX
Many brokerage firms have already submitted their reports for CENX stocks, with Wolfe Research repeating the rating for CENX by listing it as a “Outperform.” The predicted price for CENX in the upcoming period, according to Wolfe Research is $27 based on the research report published on December 03, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see CENX reach a price target of $14, previously predicting the price at $10. The rating they have provided for CENX stocks is “Buy” according to the report published on January 09th, 2024.
CENX Trading at 2.65% from the 50-Day Moving Average
After a stumble in the market that brought CENX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.94% of loss for the given period.
Volatility was left at 4.84%, however, over the last 30 days, the volatility rate increased by 4.69%, as shares sank -2.41% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.46% upper at present.
During the last 5 trading sessions, CENX fell by -9.29%, which changed the moving average for the period of 200-days by +96.85% in comparison to the 20-day moving average, which settled at $22.70. In addition, Century Aluminum Co saw 69.53% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CENX starting from Gudlaugsson Gunnar, who sale 20,000 shares at the price of $23.85 back on Dec 05 ’24. After this action, Gudlaugsson Gunnar now owns 107,932 shares of Century Aluminum Co, valued at $477,000 using the latest closing price.
Gudlaugsson Gunnar, the Officer of Century Aluminum Co, proposed sale 20,000 shares at $23.95 during a trade that took place back on Dec 05 ’24, which means that Gudlaugsson Gunnar is holding shares at $479,000 based on the most recent closing price.
Stock Fundamentals for CENX
Current profitability levels for the company are sitting at:
- 0.05 for the present operating margin
- 0.08 for the gross margin
The net margin for Century Aluminum Co stands at 0.15. The total capital return value is set at 0.07. Equity return is now at value 64.94, with 17.50 for asset returns.
Based on Century Aluminum Co (CENX), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 0.75. The interest coverage ratio of the stock is 2.56.
Currently, EBITDA for the company is 43.4 million with net debt to EBITDA at 2.5. When we switch over and look at the enterprise to sales, we see a ratio of 1.13. The receivables turnover for the company is 10.22for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
To wrap up, the performance of Century Aluminum Co (CENX) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
