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 6/7/24, Century Aluminum Co (NASDAQ: CENX) stock suffered a large decline of -5.2%, closing at $15.81. This decline was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -17.7% 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. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Century Aluminum has a poor Appreciation Score of 26 but a very high Power Rating of 100, resulting in the Positive Value Trend Rating.
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