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Century Aluminum Earnings Down 9.7% in the Last 16 Days
Edited by : AL CIRCLE
2 min read
When Century Aluminum reported earnings 16 days ago on November 1st, 2012, analysts, on average, expected the company to report a loss of $0.27 on sales of $295.7 million. The company actually reported a loss of $0.11 per share on sales of $304.6 million, beating EPS estimates by $0.16 and beating revenue estimates by $8.9 million. Since the company's report, shares of Century Aluminum have fallen from $7.60 to $6.86, representing a loss of 9.7% in the past 16 days.
In the past 52 weeks, Century Aluminum share prices have been bracketed by a low of $5.52 and a high of $11.30 and closed Thursday at $6.86, 24% above that low price. The 200-day and 50-day moving averages have moved 0.38% lower and 0.87% higher over the past week, respectively.
Century Aluminum has overhead space with shares priced $6.86, or 8.5% below the average consensus analyst price target of $7.50. The stock should find initial resistance at its 50-day moving average (MA) of $7.26 and further resistance at its 200-day MA of $7.94.
Century Aluminum Company produces primary aluminum, in both molten and ingot form, through facilities located in the United States. The Company owns and operates a reduction facility in Ravenswood, West Virginia, and owns a partial interest in a reduction facility in Mt. Holly, South Carolina. Century is also the operating partner of a reduction facility in Hawesville, Kentucky.
In the past 52 weeks, Century Aluminum share prices have been bracketed by a low of $5.52 and a high of $11.30 and closed Thursday at $6.86, 24% above that low price. The 200-day and 50-day moving averages have moved 0.38% lower and 0.87% higher over the past week, respectively.
Century Aluminum has overhead space with shares priced $6.86, or 8.5% below the average consensus analyst price target of $7.50. The stock should find initial resistance at its 50-day moving average (MA) of $7.26 and further resistance at its 200-day MA of $7.94.
Century Aluminum Company produces primary aluminum, in both molten and ingot form, through facilities located in the United States. The Company owns and operates a reduction facility in Ravenswood, West Virginia, and owns a partial interest in a reduction facility in Mt. Holly, South Carolina. Century is also the operating partner of a reduction facility in Hawesville, Kentucky.
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