(CENX) Century Aluminum - Ratings and Ratios

Century Aluminum Company is a leading producer of primary aluminum products, operating in the United States and Iceland, with a diversified product portfolio that includes standard-grade and value-added aluminum products. The companys vertically integrated business model is further strengthened by its ownership of a carbon anode production facility in the Netherlands, which supplies critical inputs for its aluminum production. Additionally, Century Aluminum has a significant presence in Jamaica through its bauxite mining and alumina refining operations, providing a stable source of raw materials.

The companys business operations are backed by a robust infrastructure, with a strong presence in key markets. As a publicly traded company listed on NASDAQ under the ticker symbol CENX, Century Aluminum is subject to rigorous financial reporting and disclosure requirements, providing investors with transparency into its operations and financial performance.

Analyzing the , we observe that the stock has been trending upwards, with its current price of $19.06 exceeding its 20-day and 50-day simple moving averages (SMA) of $17.71 and $16.78, respectively. The stocks relative strength is further underscored by its proximity to its 52-week high of $23.94. Using the , we note that the companys market capitalization stands at $1.78 billion, with a price-to-earnings (P/E) ratio of 15.80, indicating a relatively reasonable valuation. Furthermore, the companys return on equity (RoE) of 17.90% suggests a strong ability to generate profits from shareholder equity.

Forecasting the stocks future performance, we can integrate insights from both and . The stocks upward trend, coupled with its strong fundamental indicators, suggests a potential for further growth. If the stock continues to trend upwards, it may reach the upper end of its 52-week range. However, given the current ATR of 0.91, representing a 4.76% daily volatility, investors should be cautious of potential price swings. A potential target price could be around $22, representing a 15% increase from current levels, driven by the companys strong RoE and reasonable P/E ratio. Nonetheless, this forecast is contingent upon the companys ability to maintain its operational momentum and navigate market fluctuations.