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Shares of Century Aluminum Under Pressure, Down 5.2%
Edited by : AL CIRCLE
1 min read
Century Aluminum (NASDAQ:CENX), a company whose shares are moving quickly, is trading 5.2% lower to $8.28. The Dow is down 1.1% to 12,170 and the S&P is currently down 1.1% to 1,252.
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, Century Aluminum share prices have been bracketed by a low of $7.25 and a high of $20.76 and are now at $8.28, 14% above that low price. The 200-day and 50-day moving averages have moved 0.63% lower and 0.43% lower over the past week, respectively.
Century Aluminum (NASDAQ:CENX) has potential upside of 42.5% based on a current price of $8.28 and analysts' consensus price target of $11.80. The stock should find initial resistance at its 50-day moving average (MA) of $9.82 and further resistance at its 200-day MA of $13.14.
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, Century Aluminum share prices have been bracketed by a low of $7.25 and a high of $20.76 and are now at $8.28, 14% above that low price. The 200-day and 50-day moving averages have moved 0.63% lower and 0.43% lower over the past week, respectively.
Century Aluminum (NASDAQ:CENX) has potential upside of 42.5% based on a current price of $8.28 and analysts' consensus price target of $11.80. The stock should find initial resistance at its 50-day moving average (MA) of $9.82 and further resistance at its 200-day MA of $13.14.
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