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Shares of Century Aluminum Receive a Boost, Up 5.5%
Edited by : AL CIRCLE
1 min read
One of today's notable stocks on the rise is Century Aluminum (NASDAQ:CENX), up 5.5% to $8.98. The S&P is currently trading 1.4% higher to 1,276 and the Dow Jones Industrial Average is trading 1.4% higher to 12,393.
Century Aluminum share prices have moved between a 52-week high of $20.76 and a 52-week low of $7.25 and are now trading 24% above that low price at $8.98 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 1.3%.
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.
Potential upside of 31.4% exists for Century Aluminum, based on a current level of $8.98 and analysts' average consensus price target of $11.80. The stock should run into initial resistance at its 50-day moving average (MA) of $9.75 and subsequent resistance at its 200-day MA of $13.01.
Century Aluminum share prices have moved between a 52-week high of $20.76 and a 52-week low of $7.25 and are now trading 24% above that low price at $8.98 per share. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.9% while the 200-day MA has slid 1.3%.
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.
Potential upside of 31.4% exists for Century Aluminum, based on a current level of $8.98 and analysts' average consensus price target of $11.80. The stock should run into initial resistance at its 50-day moving average (MA) of $9.75 and subsequent resistance at its 200-day MA of $13.01.
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