Century Aluminum (CENX) Scheduled to Post Quarterly Earnings on Thursday

Century Aluminum (NASDAQ:CENX) is scheduled to be releasing its earnings data after the market closes on Thursday, August 8th. Analysts expect Century Aluminum to post earnings of $0.02 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.

Century Aluminum Stock Up 5.8 %

Shares of CENX opened at $12.79 on Wednesday. The company has a quick ratio of 0.63, a current ratio of 1.67 and a debt-to-equity ratio of 0.77. Century Aluminum has a 52-week low of $5.70 and a 52-week high of $21.37. The stock has a fifty day simple moving average of $16.68 and a two-hundred day simple moving average of $15.01. The company has a market capitalization of $1.19 billion, a PE ratio of 5.87 and a beta of 2.52.

Insiders Place Their Bets

In other news, CEO Jesse E. Gary sold 60,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 26th. The shares were sold at an average price of $16.21, for a total value of $972,600.00. Following the sale, the chief executive officer now directly owns 62,447 shares of the company’s stock, valued at approximately $1,012,265.87. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.68% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on CENX shares. BMO Capital Markets raised their price target on shares of Century Aluminum from $15.00 to $16.00 and gave the stock a “market perform” rating in a report on Thursday, May 2nd. StockNews.com downgraded Century Aluminum from a “hold” rating to a “sell” rating in a research report on Friday, May 3rd.

About Century Aluminum

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.