Stock Rating Upgrade
In the last week the Value Trend Rating for Century Aluminum Co (NASDAQ: CENX) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 5/20/24, Century Aluminum Co (NASDAQ: CENX) stock enjoyed a very large increase of 5.8%, closing at $18.88. NORMAL trading volume accompanied the advance. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 10.2% 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 VT Rating improved in recent days from C previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Century Aluminum has a poor Appreciation Score of 28 but a very high Power Rating of 96, producing the Positive Value Trend Rating.
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