15 JULY 2012FNN Online
Century Aluminum shares fall below previous 52-week low
Edited by : AL CIRCLE
1 min read
Shares of Century Aluminum (NASDAQ:CENX) traded at a new 52-week low today of $6.20. So far today approximately 2.9 million shares have been exchanged, as compared to an average 30-day volume of 1.2 million shares.
Potential upside of 39.2% exists for Century Aluminum, based on a current level of $6.32 and analysts' average consensus price target of $8.80. The stock should find initial resistance at its 50-day moving average (MA) of $7.38 and further resistance at its 200-day MA of $9.02.
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.
Century Aluminum share prices have moved between a 52-week high of $15.63 and the current low of $6.20 and are currently at $6.32 per share. The 200-day and 50-day moving averages have moved 0.42% lower and 1.81% lower over the past week, respectively.
Potential upside of 39.2% exists for Century Aluminum, based on a current level of $6.32 and analysts' average consensus price target of $8.80. The stock should find initial resistance at its 50-day moving average (MA) of $7.38 and further resistance at its 200-day MA of $9.02.
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.
Century Aluminum share prices have moved between a 52-week high of $15.63 and the current low of $6.20 and are currently at $6.32 per share. The 200-day and 50-day moving averages have moved 0.42% lower and 1.81% lower over the past week, respectively.
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