Century Aluminum Company (CENX) was one of the best performers amongst all companies listed in the basic materials sector on the NYSE and NASDAQ exchanges during trading on September 22, climbing 4.17% to wrap the day at $6.49 after closing the day prior at $6.23. Throughout the trading session, shares of CENX rose as high as $6.63 and dipped as low as $6.31. Today’s advance came with about 2.19 million shares changing hands, compared to an average 30-day volume of 1.72 million for Century Aluminum Company. The price is currently below the 30-day volume weighted average price of $6.51 for CENX.
The share appreciation today gives the company a market capitalization of $542.48 million based upon 87.08 million shares outstanding. It also means that CENX has a price-to-book ratio of 0.55:1.
In the past 52 weeks, shares of CENX have traded as low as $2.63 and as high as $9.4. Technical traders will take note that at $6.49, shares of CENX are trading above their 200-day MA at $6.25 and below their 50-day MA at $6.84. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is CENX?
Century Aluminum Co produces primary aluminum. The Company's primary aluminumis an internationally traded commodity. Its primary aluminum facilities produces value-added and standard-grade primary aluminum products. The company’s 1778 employees are led by CEO Michael A. Bless from the corporate headquarters at One South Wacker Drive in Chicago, IL.
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