Century Aluminum Co (NASDAQ:CENX) COO Jesse E. Gary Sells 15,244 Shares

Century Aluminum Co (NASDAQ:CENX) COO Jesse E. Gary sold 15,244 shares of the company’s stock in a transaction that occurred on Thursday, November 7th. The stock was sold at an average price of $8.36, for a total transaction of $127,439.84. Following the sale, the chief operating officer now owns 109,077 shares in the company, valued at $911,883.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

CENX stock opened at $8.28 on Friday. Century Aluminum Co has a fifty-two week low of $5.02 and a fifty-two week high of $9.98. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 2.45. The company’s 50 day moving average price is $6.53 and its 200 day moving average price is $6.68. The firm has a market capitalization of $626.70 million, a price-to-earnings ratio of -59.14 and a beta of 1.89.

Century Aluminum (NASDAQ:CENX) last released its earnings results on Tuesday, November 5th. The industrial products company reported ($0.39) EPS for the quarter, missing analysts’ consensus estimates of ($0.30) by ($0.09). Century Aluminum had a negative net margin of 7.47% and a negative return on equity of 21.94%. The business had revenue of $438.00 million during the quarter, compared to analyst estimates of $459.07 million. During the same period last year, the business posted $0.02 EPS. Century Aluminum’s revenue was down 9.1% compared to the same quarter last year. Equities analysts forecast that Century Aluminum Co will post -1.27 EPS for the current fiscal year.

CENX has been the topic of a number of recent research reports. BidaskClub upgraded shares of Century Aluminum from a “hold” rating to a “buy” rating in a research note on Saturday. BMO Capital Markets upped their target price on shares of Century Aluminum from $7.00 to $9.00 and gave the stock an “outperform” rating in a research note on Wednesday. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $10.40.

A number of institutional investors have recently added to or reduced their stakes in CENX. Tyers Asset Management LLC grew its holdings in Century Aluminum by 27.8% in the 2nd quarter. Tyers Asset Management LLC now owns 8,912 shares of the industrial products company’s stock valued at $62,000 after buying an additional 1,936 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Century Aluminum by 12.2% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 623,235 shares of the industrial products company’s stock valued at $4,307,000 after purchasing an additional 67,735 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of Century Aluminum by 21.3% in the 2nd quarter. Bank of America Corp DE now owns 80,945 shares of the industrial products company’s stock valued at $559,000 after purchasing an additional 14,231 shares in the last quarter. Northern Trust Corp lifted its stake in shares of Century Aluminum by 4.3% in the 2nd quarter. Northern Trust Corp now owns 684,133 shares of the industrial products company’s stock valued at $4,728,000 after purchasing an additional 28,279 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its stake in shares of Century Aluminum by 0.5% in the 2nd quarter. Fisher Asset Management LLC now owns 1,414,830 shares of the industrial products company’s stock valued at $9,776,000 after purchasing an additional 7,024 shares in the last quarter. 53.92% of the stock is owned by institutional investors.

About Century Aluminum

Century Aluminum Company, together with its subsidiaries, produces standard-grade and value-added primary aluminum products in the United States and Iceland. The company was founded in 1995 and is headquartered in Chicago, Illinois.

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