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Century Aluminum Co (CENX) rating upgrades by BMO Capital Markets

NUE

In a filing, Century Aluminum Co revealed its SVP, IT and CAO Hoffman Robert F unloaded Company’s shares for reported $0.1 million on Mar 20 ’25. In the deal valued at $20.24 per share,5,000 shares were sold. As a result of this transaction, Hoffman Robert F now holds 59,083 shares worth roughly $1.09 million.

Then, Hoffman Robert F sold 2,500 shares, generating $49,975 in total proceeds. Upon selling the shares at $19.99, the SVP, IT and CAO now owns 64,083 shares.

Before that, Hoffman Robert F bought 12,000 shares. Century Aluminum Co shares valued at $245,940 were divested by the Officer at a price of $20.50 per share.

BMO Capital Markets upgraded its Century Aluminum Co [CENX] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early December from “a Peer perform” to “an Outperform”. B. Riley Securities also remained covering CENX and has increased its forecast on January 09, 2024 with a “Buy” recommendation from previously “Neutral” rating. Wolfe Research revised its rating on December 18, 2023. It rated CENX as “a Peer perform” which previously was an “an Underperform”.

Price Performance Review of CENX

On Tuesday, Century Aluminum Co [NASDAQ:CENX] saw its stock fall -0.86% to $18.40. Over the last five days, the stock has lost -1.08%. Century Aluminum Co shares have risen nearly 0.99% since the year began. Nevertheless, the stocks have risen 19.56% over the past one year. While a 52-week high of $25.39 was reached on 02/11/25, a 52-week low of $11.40 was recorded on 01/28/25. SMA at 50 days reached $19.16, while 200 days put it at $17.87.

Levels Of Support And Resistance For CENX Stock

The 24-hour chart illustrates a support level at 17.95, which if violated will result in even more drops to 17.51. On the upside, there is a resistance level at 18.79. A further resistance level may holdings at 19.19. The Relative Strength Index (RSI) on the 14-day chart is 45.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.27%. Stochastics %K at 37.86% indicates the stock is a holding.

How much short interest is there in Century Aluminum Co?

A steep rise in short interest was recorded in Century Aluminum Co stocks on 2025-03-14, dropping by -0.17 million shares to a total of 4.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 4.81 million shares. There was a decline of -3.58%, which implies that there is a negative sentiment for the stock.

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