Century Aluminum (CENX) Jumps: Stock Adds 5.5% in Session – Tale of the Tape

Zacks

Century Aluminum Co. (CENX) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock is now up 27.25% over the past one-month time frame.

The stock has witnessed 3 upward estimate revisions in the past 30 days. The Zacks Consensus Estimate has also moved up over the same time frame, suggesting that more solid trading could be ahead for Century Aluminum. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.

Century Aluminum carries a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

Investors interested in the basic materials sector may also consider stocks like NN Inc. (NNBR), NSK Ltd. (NPSKY) and Norsk Hydro ASA (NHYDY). While NN Inc. and NSK Ltd. sport a Zacks Rank #1, Norsk Hydro ASA holds a Zacks Rank #2 (Buy).

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