Market Highlights: Ferroglobe Plc (GSM) Ends on a High Note at 5.09

In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.

The price of Ferroglobe Plc (NASDAQ: GSM) closed at $5.09 in the last session, up 1.39% from day before closing price of $5.02. In other words, the price has increased by $1.39 from its previous closing price. On the day, 1.37 million shares were traded. GSM stock price reached its highest trading level at $5.13 during the session, while it also had its lowest trading level at $5.0.

Ratios:

We take a closer look at GSM’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.12. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 2.10. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.21.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, B. Riley Securities on September 14, 2022, initiated with a Buy rating and assigned the stock a target price of $12.

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

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 954039104 and an Enterprise Value of 1130794496. As of this moment, Ferroglobe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.10, and their Forward P/E ratio for the next fiscal year is 8.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 1.11. Its current Enterprise Value per Revenue stands at 0.685 whereas that against EBITDA is 3.823.

Stock Price History:

Over the past 52 weeks, GSM has reached a high of $6.78, while it has fallen to a 52-week low of $3.95. The 50-Day Moving Average of the stock is 4.80%, while the 200-Day Moving Average is calculated to be -2.38%.

Shares Statistics:

According to the various share statistics, GSM traded on average about 1.66M shares per day over the past 3-months and 1012320 shares per day over the past 10 days. A total of 187.31M shares are outstanding, with a floating share count of 112.10M. Insiders hold about 40.16% of the company’s shares, while institutions hold 49.88% stake in the company. Shares short for GSM as of 1711584000 were 995145 with a Short Ratio of 0.62, compared to 1709164800 on 1272668.

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