Stone Energy (SGY) Forms $35.29 Double Top; Shorts at Century Aluminum Company (CENX) Lowered By 14.83%

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Stone Energy Corporation (SGY) formed double top with $36.70 target or 4.00% above today’s $35.29 share price. Stone Energy Corporation (SGY) has $705.75 million valuation. The stock decreased 3.26% or $1.19 during the last trading session, reaching $35.29. About 196,580 shares traded or 12.18% up from the average. Stone Energy Corporation (NYSE:SGY) has risen 69.07% since April 7, 2017 and is uptrending. It has outperformed by 57.52% the S&P500.

Century Aluminum Company (NASDAQ:CENX) had a decrease of 14.83% in short interest. CENX’s SI was 7.57 million shares in April as released by FINRA. Its down 14.83% from 8.89 million shares previously. With 1.67M avg volume, 5 days are for Century Aluminum Company (NASDAQ:CENX)’s short sellers to cover CENX’s short positions. The SI to Century Aluminum Company’s float is 17.06%. The stock decreased 1.35% or $0.23 during the last trading session, reaching $16.79. About 3.14M shares traded or 27.39% up from the average. Century Aluminum Company (NASDAQ:CENX) has risen 33.17% since April 7, 2017 and is uptrending. It has outperformed by 21.62% the S&P500.

Among 7 analysts covering Century Aluminum Company (NASDAQ:CENX), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Century Aluminum Company had 34 analyst reports since July 21, 2015 according to SRatingsIntel. J.P. Morgan upgraded the stock to “Buy” rating in Wednesday, March 14 report. The firm has “Hold” rating by Cowen & Co given on Friday, February 23. The company was upgraded on Monday, August 21 by J.P. Morgan. Deutsche Bank upgraded it to “Buy” rating and $20.0 target in Tuesday, October 17 report. The stock has “Hold” rating by Deutsche Bank on Monday, May 2. Cowen & Co upgraded the shares of CENX in report on Tuesday, March 13 to “Outperform” rating. The company was downgraded on Monday, October 30 by JP Morgan. The rating was downgraded by Deutsche Bank to “Hold” on Wednesday, December 20. The firm earned “Hold” rating on Wednesday, August 2 by Cowen & Co. The stock has “Hold” rating by Standpoint Research on Thursday, January 19.

Investors sentiment decreased to 0.6 in 2017 Q4. Its down 0.39, from 0.99 in 2017Q3. It is negative, as 29 investors sold Century Aluminum Company shares while 55 reduced holdings. 18 funds opened positions while 32 raised stakes. 54.81 million shares or 5.27% less from 57.86 million shares in 2017Q3 were reported. 6.38M were accumulated by Blackrock Incorporated. Panagora Asset Management invested in 4,300 shares. Qs Invsts Ltd Liability holds 0% or 254 shares. Tci Wealth Advisors Incorporated reported 114 shares stake. Moreover, Whittier Tru has 0% invested in Century Aluminum Company (NASDAQ:CENX). Susquehanna Intl Gru Llp has invested 0% of its portfolio in Century Aluminum Company (NASDAQ:CENX). Prudential Fin owns 120,905 shares. Commercial Bank Of America Corp De accumulated 75,436 shares. Texas Permanent School Fund has invested 0.01% in Century Aluminum Company (NASDAQ:CENX). Matarin Capital Ltd Llc invested in 683,208 shares. Manufacturers Life Ins The invested 0% of its portfolio in Century Aluminum Company (NASDAQ:CENX). Riverhead Mgmt Limited Liability accumulated 2,824 shares. California Pub Employees Retirement System holds 0% or 168,341 shares. X Limited Liability Corp has invested 0% in Century Aluminum Company (NASDAQ:CENX). 1.07M are held by Goldman Sachs Grp.

Century Aluminum Company, together with its subsidiaries, produces primary aluminum in the United States and Iceland. The company has market cap of $1.47 billion. It produces standard grade and value-added primary aluminum products; and carbon products, such as anodes and cathodes. It has a 32.92 P/E ratio.

Since March 14, 2018, it had 0 insider purchases, and 1 insider sale for $169,607 activity. $169,607 worth of Century Aluminum Company (NASDAQ:CENX) shares were sold by Hoerner John E..

Among 13 analysts covering Stone Energy Corporation (NYSE:SGY), 1 have Buy rating, 5 Sell and 7 Hold. Therefore 8% are positive. Stone Energy Corporation had 29 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Barclays Capital on Monday, October 17 to “Underweight”. The stock of Stone Energy Corporation (NYSE:SGY) earned “Outperform” rating by Scotia Capital on Sunday, August 16. The firm has “Outperform” rating by Imperial Capital given on Friday, September 11. The stock of Stone Energy Corporation (NYSE:SGY) earned “Underweight” rating by CapitalOne on Tuesday, January 19. The stock of Stone Energy Corporation (NYSE:SGY) earned “Mkt Perform” rating by FBR Capital on Wednesday, January 6. The firm earned “Neutral” rating on Tuesday, November 28 by National Securities. The firm has “Outperform” rating given on Wednesday, January 6 by Imperial Capital. The firm earned “Sector Perform” rating on Friday, August 14 by Howard Weil. The firm has “Equal Weight” rating by CapitalOne given on Wednesday, March 1. National Securities upgraded the shares of SGY in report on Wednesday, March 1 to “Buy” rating.

Century Aluminum Company (NASDAQ:CENX) Institutional Positions Chart