Century Aluminum Co (CENX) Stock: What Does the Chart Say Tuesday?

Overall market sentiment has been down on Century Aluminum Co (CENX) stock lately. CENX receives a Bearish rating from InvestorsObserver Stock Sentiment Indicator.

Century Aluminum Co has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on CENX!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CENX Stock Today?

Century Aluminum Co (CENX) stock has risen 1.04% while the S&P 500 has fallen -0.92% as of 10:56 AM on Tuesday, Dec 6. CENX has risen $0.09 from the previous closing price of $8.18 on volume of 539,111 shares. Over the past year the S&P 500 is down -13.72% while CENX has fallen -38.33%. CENX earned $1.63 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 5.08. To see InvestorsObserver's Sentiment Score for Century Aluminum Co click here.

More About Century Aluminum Co

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. Click Here to get the full Stock Report for Century Aluminum Co stock.