Stock Surge: Ferroglobe Plc (GSM) Closes at 3.81, Marking a 0.26 Increase/Decrease

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In the latest session, Ferroglobe Plc (NASDAQ: GSM) closed at $3.81 up 0.26% from its previous closing price of $3.80. In other words, the price has increased by $0.26 from its previous closing price. On the day, 1.18 million shares were traded. GSM stock price reached its highest trading level at $3.93 during the session, while it also had its lowest trading level at $3.79.

Ratios:

For a deeper understanding of Ferroglobe Plc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.98. For the most recent quarter (mrq), Quick Ratio is recorded 1.05 and its Current Ratio is at 1.82. In the meantime, Its Debt-to-Equity ratio is 0.17 whereas as Long-Term Debt/Eq ratio is at 0.09.

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 715841792 and an Enterprise Value of 788566336. As of this moment, Ferroglobe’s Price-to-Earnings (P/E) ratio for their current fiscal year is 160.08, and their Forward P/E ratio for the next fiscal year is 6.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.88. 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 0.78. Its current Enterprise Value per Revenue stands at 0.48 whereas that against EBITDA is 5.032.

Stock Price History:

The Beta on a monthly basis for GSM is 1.61, which has changed by -0.22874492 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, GSM has reached a high of $6.19, while it has fallen to a 52-week low of $3.23. The 50-Day Moving Average of the stock is -1.20%, while the 200-Day Moving Average is calculated to be -14.14%.

Shares Statistics:

For the past three months, GSM has traded an average of 929.03K shares per day and 1008140 over the past ten days. A total of 187.88M shares are outstanding, with a floating share count of 117.78M. Insiders hold about 37.31% of the company’s shares, while institutions hold 52.25% stake in the company. Shares short for GSM as of 1741910400 were 2301785 with a Short Ratio of 2.24, compared to 1739491200 on 1657239. Therefore, it implies a Short% of Shares Outstanding of 2301785 and a Short% of Float of 2.0599999.

Dividends & Splits

According to the company, the forward annual dividend rate for GSM is 0.05, from 0.052 in the trailing year. Against a Trailing Annual Dividend Yield of 0.013684211

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