Century Aluminum Co’s recent filing unveils that its President and CEO Gary Jesse E unloaded Company’s shares for reported $0.92 million on Dec 27 ’24. In the deal valued at $18.48 per share,50,000 shares were sold. As a result of this transaction, Gary Jesse E now holds 753 shares worth roughly $15014.820000000002.
Then, Gary Jesse E sold 29,243 shares, generating $554,740 in total proceeds. Upon selling the shares at $18.97, the President and CEO now owns 50,753 shares.
Before that, Jesse E. Gary bought 79,243 shares. Century Aluminum Co shares valued at $1,506,409 were divested by the Affiliate at a price of $19.01 per share.
Wolfe Research upgraded its Century Aluminum Co [CENX] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including B. Riley Securities’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. Wolfe Research also remained covering CENX and has increased its forecast on December 18, 2023 with a “Peer perform” recommendation from previously “an Underperform” rating. Wolfe Research revised its rating on July 11, 2023. It rated CENX as “an Underperform” which previously was an “a Peer perform”.
Price Performance Review of CENX
On Tuesday, Century Aluminum Co [NASDAQ:CENX] saw its stock fall -1.53% to $19.94. Over the last five days, the stock has gained 6.75%. Century Aluminum Co shares have risen nearly 9.44% since the year began. Nevertheless, the stocks have risen 75.84% over the past one year. While a 52-week high of $25.39 was reached on 01/14/25, a 52-week low of $9.65 was recorded on 01/03/25. SMA at 50 days reached $20.75, while 200 days put it at $17.33.
Levels Of Support And Resistance For CENX Stock
The 24-hour chart illustrates a support level at 19.41, which if violated will result in even more drops to 18.89. On the upside, there is a resistance level at 20.53. A further resistance level may holdings at 21.13. The Relative Strength Index (RSI) on the 14-day chart is 52.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.64%. Stochastics %K at 85.05% indicates the stock is a selling.
How much short interest is there in Century Aluminum Co?
A steep rise in short interest was recorded in Century Aluminum Co stocks on 2024-12-31, growing by 0.5 million shares to a total of 4.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.23 million shares. There was a rise of 10.6%, which implies that there is a positive sentiment for the stock.
