Eye-Catching Stock Buzz: Century Aluminum Company (NASDAQ: CENX)

On Thursday, Shares of Century Aluminum Company (NASDAQ: CENX) showed the bearish trend with a lower momentum of -5.83% to $7.92. The company traded total volume of 1,948,216 shares as contrast to its average volume of 1.34M shares. The company has a market value of $695.93M and about 87.87M shares outstanding.

Century Aluminum Co. (CENX) stated a fourth-quarter loss of $65.0M, after reporting a profit in the same period a year earlier. The Chicago-based company said it had a loss of 74 cents per share. Losses, adjusted for non-recurring costs, were 43 cents per share. The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 54 cents per share.

The aluminum producer posted revenue of $486.90M in the period, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $478.10M.

For the year, the company stated a loss of $66.20M, or 76 cents per share, swinging to a loss in the period. Revenue was stated as $1.890B.

The Company offered net profit margin of -3.60% while its gross profit margin was -1.20%. ROE was recorded as -8.30% while beta factor was 1.55. The stock, as of recent close, has shown the weekly downbeat performance of -10.51% which was maintained at 8.34% in this year.

Winfred Marion

Winfred Marion

I am Winfred Marion and I’m passionate about business and finance news with over 4 years in the industry starting as a writer working my way up into senior positions. I am the driving force behind Digital Wall with a vision to broaden the company’s readership throughout 2016. I am an editor and reporter of “Basic Materials” category. Address: 2614 Kincheloe Road, Tigard, OR 97223, USA Phone: (+1) 503-443-0752 Email: winfred.marion@yourdigitalwall.com