Century Aluminum (NASDAQ:CENX - Get Free Report) released its quarterly earnings results on Monday. The industrial products company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.31, RTT News reports. The firm had revenue of $539.10 million for the quarter, compared to analysts' expectations of $587.10 million. Century Aluminum had a net margin of 10.32% and a negative return on equity of 0.04%. During the same period in the prior year, the firm earned ($0.13) EPS.
Century Aluminum Stock Up 20.0 %
CENX traded up $3.51 during midday trading on Tuesday, hitting $21.05. The company had a trading volume of 4,339,792 shares, compared to its average volume of 1,335,476. Century Aluminum has a 52 week low of $6.25 and a 52 week high of $22.29. The company has a quick ratio of 0.63, a current ratio of 1.72 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 10.12 and a beta of 2.47. The stock's 50 day moving average price is $15.55 and its 200 day moving average price is $16.19.
Analyst Ratings Changes
Several analysts recently issued reports on the stock. StockNews.com lowered shares of Century Aluminum from a "hold" rating to a "sell" rating in a research report on Friday. BMO Capital Markets increased their price target on shares of Century Aluminum from $16.00 to $18.00 and gave the stock a "market perform" rating in a research report on Tuesday. Finally, B. Riley raised their target price on shares of Century Aluminum from $22.00 to $24.00 and gave the company a "buy" rating in a research report on Tuesday.
Check Out Our Latest Stock Analysis on Century Aluminum
Century Aluminum Company Profile
(
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Century Aluminum Company, together with its subsidiaries, engages in the production of standard-grade and value-added primary aluminum products in the United States and Iceland. It also owns and operates an alumina production facility in Iceland, and a carbon anode production facility in the Netherlands.
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