08 AUGUST 2013FNN Online
Stock investors sell off shares of Century Aluminum, down 3.2%
Edited by : AL CIRCLE
1 min read
Century Aluminum, a company whose shares are moving quickly, is trading 3.2% lower to $8.04. The Dow is down 0.5% to 15,532 and the S&P is currently down 0.5% to 1,699.
Over the past year, Century Aluminum has traded in a range of $6.02 to $10.60 and is now at $8.04, 34% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has risen 0.2%.
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 36.8% exists for Century Aluminum, based on a current level of $8.04 and analysts' average consensus price target of $11.00. The stock should find initial resistance at its 200-day moving average (MA) of $8.54 and further resistance at its 50-day MA of $9.72.
Over the past year, Century Aluminum has traded in a range of $6.02 to $10.60 and is now at $8.04, 34% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.1% while the 200-day MA has risen 0.2%.
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 36.8% exists for Century Aluminum, based on a current level of $8.04 and analysts' average consensus price target of $11.00. The stock should find initial resistance at its 200-day moving average (MA) of $8.54 and further resistance at its 50-day MA of $9.72.
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