Century Aluminum Sees Unusually High Options Volume (CENX)

Amos Gonzales
July 14, 2017

About 66,760 shares traded. Morgan Stanley maintained the shares of CENX in report on Tuesday, August 18 with "Underweight" rating. The Volatility was noted at 3.22% in recent month and it observed Weekly Volatility of 2.98%. KALU's SI was 1.23 million shares in July as released by FINRA.

The stock shows a Short Ratio of 8.44 with the total number of Shares Short (Previous Month) of 14.45 Million. It has outperformed by 53.26% the S&P500.

Investors sentiment increased to 1.67 in Q4 2016. Vanguard Gru has 0% invested in Northeast Bancorp (NASDAQ:NBN) for 209,532 shares. 23 funds opened positions while 67 raised stakes. Legal & General Grp Pcl accumulated 31,626 shares. Iat Reinsurance Limited has invested 0% in Kaiser Aluminum Corp. Art has 9,300 shares for 0.04% of their portfolio. National Bank & Trust Of America Corporation De holds 0% or 2 shares.

In the past few sessions, investors have started paying a little bit more attention to shares of ESCO Technologies Inc. Blackrock Gp Ltd owns 0% invested in Lakeland Bancorp, Inc. (NASDAQ:KALU) or 1,200 shares. The company's shares were given away at $13.93 per share worth to an income of some $97,468 on account of Lair Michelle. Alpine Woods Investors Limited Co has invested 0.01% in Lakeland Bancorp, Inc. (NASDAQ:SYPR) or 215,601 shares. Moreover, First Commonwealth Financial Pa has 1.36% invested in McDonald's Corporation (NYSE:MCD) for 8,957 shares. Manufacturers Life Insur The has invested 0% of its portfolio in Sypris Solutions, Inc. Kennedy Cap Management Incorporated reported 124,607 shares. Pub Employees Retirement Association Of Colorado has invested 0.07% of its portfolio in Kaiser Aluminum Corp. (NASDAQ:KALU) for 118,284 shares. Huber Capital Management Llc, a California-based fund reported 419,990 shares. The insider now directly owns 39,974 shares worth $625,193. For CENX, the company now has $126.69 Million of cash on the books, which is offset by $7.82 Million current liabilities. The Firm offers a range of manufacturing, engineering, design and other technical services. KALU's profit will be $16.01M for 24.35 P/E if the $0.94 EPS becomes a reality. Analysts anticipate that Century Aluminum will post $0.83 earnings per share for the current year. They expect $0.94 earnings per share, down 7.84% or $0.08 from last year's $1.02 per share. Analysts forecast that Kaiser Aluminum Corporation will post $4.79 EPS for the current fiscal year. The Company's primary aluminum facilities produce standard grade primary aluminum products. The company has market cap of $1.40 billion. The Firm operates in the Fabricated Products segment. It now has negative earnings.

Century Aluminum Company (Century) is a holding company, which is a producer of primary aluminum and operates aluminum reduction facilities, or smelters, in the United States and Iceland. Its down 0.03, from 1.28 in 2016Q3. About shares traded. Kaiser Aluminum Corp. Similarly, investors look up the share price over 12 month periods. Wealthtrust has 0.01% invested in Century Aluminum Co (NASDAQ:CENX). 18,984 are owned by Voya Investment Mngmt Limited Liability Corp. Kaiser Aluminum Corp. now has $1.56B valuation. (NASDAQ:KALU) for 84,791 shares.

Revenue per share is 15.68. The industrial products company reported ($0.05) EPS for the quarter, beating the Zacks' consensus estimate of ($0.15) by $0.10. Ameriprise has 250,639 shares for 0% of their portfolio.

Has $644000 Position in International Business Machines Corporation (NYSE:IBM)
Baldwin Inv Management Lc holds 0.14% or 2,109 shares. $895,900 worth of stock was sold by Gherson Diane J on Monday, February 13. Global firm Machines Corporation (NYSE:IBM) previously disclosed its fiscal periodic earnings information on early Tue, Apr 18th.

01/23/2015 - Century Aluminum Company had its " rating reiterated by analysts at Goldman Sachs.

Since March 29, 2017, it had 0 insider buys, and 2 selling transactions for $255,288 activity.

Among 9 analysts covering Kaiser Aluminum Corp (NASDAQ:KALU), 3 have Buy rating, 1 Sell and 5 Hold. The insider Matteson Timothy J sold $51,887.

Some buy side analysts are also providing their Analysis on Century Aluminum Co., where 0 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 4 said it's a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. Therefore 0 are positive. Looking at the stock's movement on the chart, Century Aluminum Company recorded a 52-week high of $17.28. The stock of Century Aluminum Co (NASDAQ:CENX) earned "Neutral" rating by Nomura on Monday, November 9. The original version of this piece can be viewed at https://www.thecerbatgem.com/2017/07/14/kaiser-aluminum-corporation-kalu-upgraded-by-bidaskclub-to-buy.html. The Piotroski F-Score of Century Aluminum Company (NasdaqGS:CENX) is 3. They now have a Dollars 7 price target on the stock.

While looking at the Stock's Performance, Century Aluminum Co. now shows a Weekly Performance of -3.75%, where Monthly Performance is -4.81%, Quarterly performance is 16.89%, 6 Months performance is 73.58% and yearly performance percentage is 95.5%. (NASDAQ:KALU) has declined 3.95% since July 12, 2016 and is downtrending.

The Average Volume for 10 days is 1.73 Million for Century Aluminum C (NASDAQ:CENX). The firm has "Sector Weight" rating given on Tuesday, July 28 by KeyBanc Capital Markets.

Other reports by BadHub

Discuss This Article

FOLLOW OUR NEWSPAPER