Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Century Aluminum Co shares valued at $924,000 were sold by Gary Jesse E on Dec 27 ’24. At $18.48 per share, Gary Jesse E sold 50,000 shares. The insider’s holdings dropped to 753 shares worth approximately $14675.97 following the completion of this transaction.
Also, Gary Jesse E sold 29,243 shares, netting a total of over 554,740 in proceeds. Following the sale of shares at $18.97 each, the insider now holds 50,753 shares.
Before that, Jesse E. Gary had added 79,243 shares to its account. In a trade valued at $1,506,409, the Affiliate bought Century Aluminum Co shares for $19.01 each.
As published in a research note from Wolfe Research on December 03, 2024, Century Aluminum Co [CENX] has been rated up from a Peer perform to an Outperform and the price target has been revised to $27. Analysts at B. Riley Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of December 18, 2023, Wolfe Research has increased its “an Underperform” rating to a “Peer perform” for CENX. Earlier on July 11, 2023, Wolfe Research downgraded its rating. Their new recommendation was “an Underperform” for CENX stock which previously was a “a Peer perform”.
Analyzing CENX Stock Performance
During the last five days, there has been a drop of approximately -2.26%. Over the course of the year, Century Aluminum Co shares have jumped approximately 6.97%. Shares of the company reached a 52-week high of $21.49 on 01/21/25 and a 52-week low of $17.06 on 01/03/25. A 50-day SMA is recorded $20.87, while a 200-day SMA reached $17.44. Nevertheless, trading volume fell to 1.11 million shares from 1.21 million shares the previous day.
Support And Resistance Levels for Century Aluminum Co (CENX)
According to the 24-hour chart, there is a support level at 18.88, which, if violated, would cause prices to drop to 18.27. In the upper region, resistance lies at 20.56. The next price resistance is at 21.63. RSI (Relative Strength Index) is 47.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.82, which suggests the price will decrease in the coming days. Percent R is at 45.15%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
