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Shares of Century Aluminum Under Pressure, Down 4.3%
Edited by : AL CIRCLE
1 min read
One of today's stocks on the move is Century Aluminum (NASDAQ:CENX), down 4.3% to $8.27. The Dow is down 0.4% to 11,816 and the S&P is currently down 0.6% to 1,212.
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 has overhead space with shares priced $8.27, or 29.9% below the average consensus analyst price target of $11.80. The stock should run into initial resistance at its 50-day moving average (MA) of $9.94 and subsequent resistance at its 200-day MA of $13.38.
Over the past year, Century Aluminum has traded in a range of $7.25 to $20.76 and is now at $8.27, 14% above that low. The 200-day and 50-day moving averages have moved 1.36% lower and 0.27% higher over the past week, respectively.
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 has overhead space with shares priced $8.27, or 29.9% below the average consensus analyst price target of $11.80. The stock should run into initial resistance at its 50-day moving average (MA) of $9.94 and subsequent resistance at its 200-day MA of $13.38.
Over the past year, Century Aluminum has traded in a range of $7.25 to $20.76 and is now at $8.27, 14% above that low. The 200-day and 50-day moving averages have moved 1.36% lower and 0.27% higher over the past week, respectively.
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