finance.comcast.net
Century Aluminum has the Highest Beta in the Aluminum Industry (CENX, AWC, AA)
Edited by : AL CIRCLE
1 min read
Below are the three companies in the Aluminum industry with the highest betas. Higher-beta stocks mean greater volatility and are therefore generally considered to be riskier but also may provide the potential for higher returns.Century Aluminum (NASDAQ:CENX) is highest with a beta of 2.1. 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. Thus far today, Century Aluminum has traded 405,000 shares, vs. average volume of 1.6 million shares per day. The stock has outperformed the Dow (0.0% to the Dow's -0.5%) and outperformed the S&P 500 (0.0% to the S&P's -0.5%) during today's trading.
Previous article
Century Aluminum Grundartangi Smelter Experiences Temporary Outage; Smelter Operations Resumed
Next articleChinalco plans to raise USD 1 billion through IPO
Grow with
AL Circle
_md.webp)
