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Shares of Century Aluminum Under Pressure, Down 6.3%
Edited by : AL CIRCLE
1 min read
Century Aluminum (NASDAQ:CENX), a company whose shares are moving quickly, is trading 6.3% lower to $9.53. The S&P is currently trading 2.0% lower to 1,230 and the Dow Jones Industrial Average is trading 1.8% lower to 11,966.
Potential upside of 23.8% exists for Century Aluminum, based on a current level of $9.53 and analysts' average consensus price target of $11.80. Century Aluminum shares should first meet resistance at the 50-day moving average (MA) of $9.92 and find additional resistance at the 200-day MA of $13.57.
In the past 52 weeks, shares of Century Aluminum have traded between a low of $7.25 and a high of $20.76 and are now at $9.53, which is 31% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has advanced 0.7%.
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 23.8% exists for Century Aluminum, based on a current level of $9.53 and analysts' average consensus price target of $11.80. Century Aluminum shares should first meet resistance at the 50-day moving average (MA) of $9.92 and find additional resistance at the 200-day MA of $13.57.
In the past 52 weeks, shares of Century Aluminum have traded between a low of $7.25 and a high of $20.76 and are now at $9.53, which is 31% above that low price. Over the past week, the 200-day moving average (MA) has gone down 1.1% while the 50-day MA has advanced 0.7%.
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.
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