Century Aluminum Co (NASDAQ:CENX) Director Jarl Berntzen bought 10,000 shares of the firm’s stock in a transaction on Tuesday, October 30th. The shares were bought at an average cost of $7.80 per share, with a total value of $78,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Shares of CENX stock traded up $0.11 on Wednesday, hitting $7.94. The company’s stock had a trading volume of 2,809,992 shares, compared to its average volume of 2,231,445. The company has a current ratio of 2.56, a quick ratio of 0.87 and a debt-to-equity ratio of 0.30. Century Aluminum Co has a fifty-two week low of $7.65 and a fifty-two week high of $24.77. The firm has a market cap of $676.28 million, a PE ratio of 22.06 and a beta of 0.71.
Century Aluminum (NASDAQ:CENX) last released its quarterly earnings data on Thursday, October 25th. The industrial products company reported $0.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.01 by $0.01. Century Aluminum had a net margin of 1.80% and a return on equity of 6.51%. The business had revenue of $481.80 million during the quarter, compared to analyst estimates of $469.09 million. As a group, analysts forecast that Century Aluminum Co will post -0.2 EPS for the current fiscal year.
Hedge funds have recently added to or reduced their stakes in the stock. Mainstay Capital Management LLC ADV lifted its position in Century Aluminum by 421.0% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 85,165 shares of the industrial products company’s stock worth $4,800,000 after acquiring an additional 68,820 shares during the last quarter. OppenheimerFunds Inc. lifted its position in Century Aluminum by 27.8% during the 2nd quarter. OppenheimerFunds Inc. now owns 60,446 shares of the industrial products company’s stock worth $952,000 after acquiring an additional 13,149 shares during the last quarter. Principal Financial Group Inc. lifted its position in Century Aluminum by 2.7% during the 1st quarter. Principal Financial Group Inc. now owns 382,560 shares of the industrial products company’s stock worth $6,328,000 after acquiring an additional 10,091 shares during the last quarter. United Services Automobile Association acquired a new position in Century Aluminum during the 2nd quarter worth $40,705,000. Finally, Tibra Equities Europe Ltd acquired a new position in Century Aluminum during the 2nd quarter worth $292,000. 55.99% of the stock is owned by institutional investors and hedge funds.
Century Aluminum Company Profile
Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.
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