Century Aluminium expects earnings per share to increase by 117.70 per cent in 2018

Published: Nov 21, 2018 09:52

SMM11, 21 March: century Aluminum Company (CENX) expects earnings per share to grow by 117.70 per cent this year and 383.30 per cent next year. The company reported earnings per share (ttm) of 0.36. Looking at its long-term earnings per share (EPS) growth rate, analysts expect earnings per share (EPS) growth rate to reach 78.80 per cent over the next five years, compared with a record 26.80 per cent in the past five years.

Given price fluctuations, the chart model may be difficult to interpret. Moving averages can help smooth these unstable movements by removing daily fluctuations, making trends easier to detect. Because the moving average takes the average of past price changes, the moving average is more conducive to accurately reading past price changes rather than predicting future past price changes. The most common moving average is a simple moving average, which simply adds all the closing prices over a period of time and then divides by the total price used in the calculation. The moving average is a powerful tool for traders to analyze securities. They provide a quick glimpse of current trends and the intensity of trends, as well as specific trading signals for reversal or breakthrough. Century Aluminium's (CENX) shares moved from a 20-day moving average of-2.04% to a 50-day moving average of-14.77%. Currently, the unit is moving towards a 200-day moving average of-40.98 per cent. The proportion of short shares is 2.79.

Century Aluminium is part of the basic materials industry and belongs to the aluminum industry. Century Aluminium's (CENX) closed the deal for $8.87 on Monday after trading 2022395 shares. The average trading volume was 24.2441 million shares, with a relative turnover of 0.83 shares. Volume is an important technical analysis tool to learn and understand how to apply to price changes.

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