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Century Aluminum (CENX) Looks Good: Stock Adds 11.9% in Session
Century Aluminum Company (CENX - Free Report) was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $13.10 –$15.14 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen no estimate revision over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Century Aluminum currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Century Aluminum Company Price and Consensus
Century Aluminum Company Price and Consensus | Century Aluminum Company Quote
A better-ranked stock in the Industrial Products sector is Alamo Group, Inc. (ALG - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is CENX going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>