Century Aluminum (NASDAQ:CENX – Get Free Report) CAO Robert F. Hoffman sold 2,500 shares of Century Aluminum stock in a transaction on Friday, March 14th. The shares were sold at an average price of $19.99, for a total value of $49,975.00. Following the transaction, the chief accounting officer now directly owns 64,083 shares of the company’s stock, valued at approximately $1,281,019.17. The trade was a 3.75 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Century Aluminum Price Performance
Shares of NASDAQ:CENX traded down $0.37 during midday trading on Tuesday, reaching $20.08. The company’s stock had a trading volume of 951,517 shares, compared to its average volume of 1,342,241. Century Aluminum has a fifty-two week low of $11.40 and a fifty-two week high of $25.39. The company has a market capitalization of $1.85 billion, a P/E ratio of 6.35 and a beta of 2.67. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.71 and a quick ratio of 0.56. The business’s fifty day simple moving average is $19.36 and its 200-day simple moving average is $18.65.
Century Aluminum (NASDAQ:CENX – Get Free Report) last announced its earnings results on Thursday, February 20th. The industrial products company reported $0.47 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.05. Century Aluminum had a return on equity of 13.38% and a net margin of 14.69%. The company had revenue of $631.00 million during the quarter, compared to analyst estimates of $515.27 million. During the same period last year, the company posted $0.39 earnings per share. As a group, equities research analysts expect that Century Aluminum will post 2.76 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on CENX
Institutional Trading of Century Aluminum
A number of hedge funds and other institutional investors have recently made changes to their positions in CENX. Polar Asset Management Partners Inc. acquired a new stake in Century Aluminum in the fourth quarter worth about $2,197,000. Perennial Advisors LLC acquired a new stake in Century Aluminum in the fourth quarter worth about $535,000. Vise Technologies Inc. acquired a new stake in Century Aluminum in the fourth quarter worth about $225,000. Two Sigma Advisers LP increased its position in Century Aluminum by 11.9% in the fourth quarter. Two Sigma Advisers LP now owns 131,183 shares of the industrial products company’s stock worth $2,390,000 after purchasing an additional 13,900 shares during the period. Finally, ProShare Advisors LLC increased its position in Century Aluminum by 44.5% in the fourth quarter. ProShare Advisors LLC now owns 15,893 shares of the industrial products company’s stock worth $290,000 after purchasing an additional 4,896 shares during the period. 61.59% of the stock is currently owned by institutional investors and hedge funds.
About Century Aluminum
Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.
Featured Articles
- Five stocks we like better than Century Aluminum
- Using the MarketBeat Stock Split Calculator
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- 3 Must-Own Stocks to Build Wealth This Decade
- Why Invest in 5G? How to Invest in 5G Stocks
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
Receive News & Ratings for Century Aluminum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Century Aluminum and related companies with MarketBeat.com's FREE daily email newsletter.