Is Century Aluminum Co (CENX) Stock About to Get Hot Wednesday?

The market has been down on Century Aluminum Co (CENX) stock recently. CENX gets a Bearish score 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. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With CENX Stock Today?

Century Aluminum Co (CENX) stock is trading at $7.78 as of 11:44 AM on Wednesday, Nov 29, an increase of $0.08, or 1.04% from the previous closing price of $7.70. The stock has traded between $7.72 and $7.94 so far today. Volume today is light. So far 341,802 shares have traded compared to average volume of 1,216,798 shares. To screen for more stocks like 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.