Century Aluminum Co (NASDAQ: CENX) stock closed at $21.05 on 11/5/24 after a major increase of 20.0%. Moreover, trading volume in this advance was exceptionally high at 417% of normal. The stock has risen 15.5% during the last week and has been exceptionally strong relative to the market over the last nine months.
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 C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Century Aluminum has a very low Appreciation Score of 12 but a very high Power Rating of 87, producing the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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