Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Century Aluminum Co (NASDAQ: CENX) weakened of late. CENX’s current Value Trend Rating is C and the prior Rating was B. Details supporting this lower rating are included in our next report.
Recent Price Action
Century Aluminum Co (NASDAQ: CENX) stock enjoyed a large increase of 4.6% on 9/13/24. The stock closed at $13.64. However, this advance was accompanied by unusually low trading volume at 66% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 5.2% 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 C (High Neutral). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Century Aluminum has a poor Appreciation Score of 25 but a very high Power Rating of 96, triggering the High Neutral Value Trend Rating.
Be the first to comment