CENX Stock Summary and Trading Ideas (Century Aluminum Company | NASDAQ:CENX)

Century Aluminum Co produces primary aluminum standard grade and value-added products. The firm operates smelter facilities in the United States and Iceland. The majority of revenue is generated from Glencore, which agreed to purchase nearly all of Century Aluminum's North American production. Century purchases nearly all of its alumina from Glencore. The company produces high purity aluminum, standard grade aluminum sow and tee bars, and value-added billet and foundry products. Century also owns a carbon anode production facility in the Netherlands.

Century Aluminum Company trades on the NASDAQ stock market under the symbol CENX.

As of January 22, 2025, CENX stock price climbed to $20.75 with 26,130 million shares trading.

CENX has a beta of 2.38, meaning it tends to be more sensitive to market movements. CENX has a correlation of 0.21 to the broad based SPY ETF.

CENX has a market cap of $1.93 billion. This is considered a Small Cap stock.

Last quarter Century Aluminum Company reported $539 million in Revenue and $.63 earnings per share. This beat revenue expectation by $3 million and exceeded earnings estimates by $.36.

In the last 3 years, CENX traded as high as $30.36 and as low as $5.27.

The top ETF exchange traded funds that CENX belongs to (by Net Assets): IJR, PAVE, IWM, VTI, XME.

CENX has outperformed the market in the last year with a price return of +102.0% while the SPY ETF gained +27.0%. CENX has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +24.5% and +10.4%, respectively, while the SPY returned +4.1% and +2.9%, respectively.

CENX support price is $19.70 and resistance is $21.16 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CENX shares will trade within this expected range on the day.