GrafTech International Ltd (NYSE: EAF) is -5.78% lower on its value in year-to-date trading and has touched a low of $0.52 and a high of $2.53 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The EAF stock was last observed hovering at around $1.65 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.63, the stock is -3.15% and -13.20% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.3 million and changing -1.21% at the moment leaves the stock 14.08% off its SMA200. EAF registered 1.24% gain for a year compared to 6-month gain of 69.77%. The firm has a 50-day simple moving average (SMA 50) of $1.8778 and a 200-day simple moving average (SMA200) of $1.42887.
The stock witnessed a 3.16% loss in the last 1 month and extending the period to 3 months gives it a -7.39%, and is -2.40% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.79% over the week and 7.96% over the month.
GrafTech International Ltd (EAF) has around 1249 employees, a market worth around $419.18M and $541.71M in sales. Profit margin for the company is -55.21%. Distance from 52-week low is 213.46% and -35.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-32.50%).
with sales reaching $130.74M over the same period.The EPS is expected to grow by 56.26% this year, but quarterly earnings will post -13.72% year-over-year. Quarterly sales are estimated to shrink -4.67% in year-over-year returns.
GrafTech International Ltd (EAF) Top Institutional Holders
166.0 institutions hold shares in GrafTech International Ltd (EAF), with institutional investors hold 91.73% of the company’s shares. The shares outstanding are 257.17M, and float is at 185.85M with Short Float at 8.54%. Institutions hold 66.23% of the Float.
The top institutional shareholder in the company is FMR LLC with over 38.4 million shares valued at $37.25 million. The investor’s holdings represent 14.9192% of the EAF Shares outstanding. As of 2024-06-30, the second largest holder is GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC with 22.77 million shares valued at $22.09 million to account for 8.8473 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 17.1 million shares representing 6.6448% and valued at over $16.59 million, while YACKTMAN ASSET MANAGEMENT LP holds 5.3456 of the shares totaling 13.76 million with a market value of $13.35 million.
GrafTech International Ltd (EAF) Insider Activity
The most recent transaction is an insider purchase by Colonial House Capital Ltd, the company’s 10% Owner. SEC filings show that Colonial House Capital Ltd bought 332,770 shares of the company’s common stock on May 17 ’24 at a price of $1.72 per share for a total of $0.57 million. Following the purchase, the insider now owns 31.36 million shares.
GrafTech International Ltd disclosed in a document filed with the SEC on May 10 ’24 that Colonial House Capital Ltd (10% Owner) bought a total of 500,000 shares of the company’s common stock. The trade occurred on May 10 ’24 and was made at $1.74 per share for $0.87 million. Following the transaction, the insider now directly holds 31.03 million shares of the EAF stock.
Still, SEC filings show that on May 09 ’24, Colonial House Capital Ltd (10% Owner) acquired 114,178 shares at an average price of $1.77 for $0.2 million. The insider now directly holds 30,525,291 shares of GrafTech International Ltd (EAF).
