NewsPrimary ALCentury Aluminum's Shares Changing Hands at Higher Prices
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Century Aluminum's Shares Changing Hands at Higher Prices

Edited by : AL CIRCLE
1 min read
Century Aluminum shares are trading on heavy volume today, having risen 7.5% to $9.41. About 1.2 million shares have been traded today, as compared to the 30-day average volume of 801,000 shares. Unusually high volume can signify a potential turning point or validate a breakout.

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, shares of Century Aluminum have traded between a low of $5.52 and a high of $11.30 and are now at $9.41, which is 71% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.2% while the 200-day MA has remained constant.

Century Aluminum (NASDAQ:CENX) is currently priced 19.6% above its average consensus analyst price target of $7.57. Century Aluminum shares have support at the 50-day moving average (MA) of $7.78 and additional support at the 200-day MA of $7.50.

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