At the time of writing, Century Aluminum Co. [CENX] stock is trading at $12.06, up 2.29%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CENX shares have gain 5.24% over the last week, with a monthly amount glided 15.41%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Century Aluminum Co. [NASDAQ: CENX] stock has seen the most recent analyst activity on January 09, 2024, when B. Riley Securities upgraded its rating to a Buy and also boosted its price target to $14 from $10. Previously, Wolfe Research upgraded its rating to Peer Perform on December 18, 2023. On July 11, 2023, downgrade downgraded it’s rating to Underperform but maintained its price target of $6 on the stock. B. Riley Securities downgraded its rating to a Neutral but stick to its price target of $12 on March 01, 2023. Wolfe Research upgraded its rating to a Peer Perform. Wolfe Research downgraded its rating to Underperform for this stock on September 30, 2022, but kept the price target unchanged to $4. In a note dated May 18, 2022, Wolfe Research downgraded an Peer Perform rating on this stock and revised its target price from $30 to $14.
For the past year, the stock price of Century Aluminum Co. fluctuated between $5.70 and $13.17. Currently, Wall Street analysts expect the stock to reach $14.67 within the next 12 months. Century Aluminum Co. [NASDAQ: CENX] shares were valued at $12.06 at the most recent close of the market. An investor can expect a potential return of 21.64% based on the average CENX price forecast.
Analyzing the CENX fundamentals
According to Century Aluminum Co. [NASDAQ:CENX], the company’s sales were 2.19B for trailing twelve months, which represents an -3.32% plunge. Gross Profit Margin for this corporation currently stands at 0.04% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at -0.03%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.02, Equity is -0.13 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 11.77 points at the first support level, and at 11.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.37, and for the 2nd resistance point, it is at 12.69.
Ratios To Look Out For
It is important to note that Century Aluminum Co. [NASDAQ:CENX] has a current ratio of 1.01. As well, the Quick Ratio is 0.38, while the Cash Ratio is 0.12. Considering the valuation of this stock, the price to sales ratio is 0.51, the price to book ratio is 3.14.
Transactions by insiders
Recent insider trading involved Aboud Matt, SVP, Strategy & Business Dev’t, that happened on Mar 04 ’24 when 3766.0 shares were sold. SVP, Finance and Treasurer, Trpkovski Peter A completed a deal on Dec 28 ’23 to sell 13908.0 shares. Meanwhile, President and CEO Gary Jesse E sold 68162.0 shares on Dec 27 ’23.
