Overall market sentiment has been high on Century Aluminum Co (CENX) stock lately. CENX receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Century Aluminum Co has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CENX!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
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 is trading at $8.18 as of 11:49 AM on Monday, Nov 20, a rise of $0.38, or 4.87% from the previous closing price of $7.80. The stock has traded between $7.82 and $8.31 so far today. Volume today is low. So far 603,396 shares have traded compared to average volume of 1,111,561 shares.
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.
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