Century Aluminum Co. (CENX) Breaches Below Its 200 Day MA After A Gap-Down Opening

Century Aluminum Co. (NASDAQ: CENX) plunged around 9.5% by mid-day trading on Wednesday to $11.59. The second-largest U.S. producer of the metal reported a Q4 loss of 28 cents a share, which fell short of the street expectations.

Century Aluminum Co. (CENX) earlier started the session with a gap-down opening, and slipped below its long term support level of 200 day MA in the process. The stock may now test its support level at $11.