On 7/2/24, Century Aluminum Co (NASDAQ: CENX) stock enjoyed a major increase of 13.6%, closing at $18.93. Moreover, exceptionally high trading volume at 208% of normal accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 13.0% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, CENX is expected to be a major Value Builder.
Century Aluminum has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Century Aluminum has a poor Appreciation Score of 27 but a very high Power Rating of 100, producing the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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