Stock Market Recap: Ferroglobe Plc (GSM) Concludes at 3.66, a 0.55% Surge/Decline

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After finishing at $3.64 in the prior trading day, Ferroglobe Plc (NASDAQ: GSM) closed at $3.66, up 0.55%. In other words, the price has increased by $0.55% from its previous closing price. On the day, 0.94 million shares were traded. GSM stock price reached its highest trading level at $3.725 during the session, while it also had its lowest trading level at $3.63.

Ratios:

Our goal is to gain a better understanding of GSM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.39. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.66. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.12.

On September 14, 2022, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $12.

On February 14, 2022, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $16.Seaport Research Partners initiated its Buy rating on February 14, 2022, with a $16 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GSM now has a Market Capitalization of 683051200 and an Enterprise Value of 786985280. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.88. Its current Enterprise Value per Revenue stands at 0.505 whereas that against EBITDA is 8.435.

Stock Price History:

The Beta on a monthly basis for GSM is 1.59, which has changed by -0.30418253 over the last 52 weeks, in comparison to a change of 0.11213791 over the same period for the S&P500. Over the past 52 weeks, GSM has reached a high of $6.11, while it has fallen to a 52-week low of $2.97. The 50-Day Moving Average of the stock is -1.64%, while the 200-Day Moving Average is calculated to be -8.01%.

Shares Statistics:

The stock has traded on average 1.09M shares per day over the past 3-months and 981030 shares per day over the last 10 days, according to various share statistics. A total of 187.89M shares are outstanding, with a floating share count of 118.46M. Insiders hold about 36.53% of the company’s shares, while institutions hold 55.19% stake in the company. Shares short for GSM as of 1748563200 were 2864938 with a Short Ratio of 2.63, compared to 1745971200 on 3004146. Therefore, it implies a Short% of Shares Outstanding of 2864938 and a Short% of Float of 2.4300002000000003.

Dividends & Splits

In the trailing 12 months, GSM’s forward annual dividend rate was 0.053, compared to 0.05 this year. Against a Trailing Annual Dividend Yield of 0.014560439

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