Century Aluminum Co (NASDAQ: CENX) stock enjoyed a major increase of 10.4% on 12/14/23. The shares closed at $9.47. Moreover, this advance was accompanied by exceptionally high trading volume at 210% of normal. The stock has risen 28.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
CENX’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Century Aluminum has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Century Aluminum has a poor Power Rating of 29 and a poor Appreciation Score of 18, and the Lowest Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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