Ferroglobe Plc (NASDAQ: GSM) is -9.47% lower on its value in year-to-date trading and has touched a low of $3.45 and a high of $6.19 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 GSM stock was last observed hovering at around $3.60 in the last trading session, with the day’s loss setting it -0.16%.
Currently trading at $3.44, the stock is -10.05% and -11.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -4.44% at the moment leaves the stock -25.61% off its SMA200. GSM registered -29.22% loss for a year compared to 6-month loss of -21.82%.
The stock witnessed a -10.88% gain in the last 1 month and extending the period to 3 months gives it a -24.73%, and is -5.23% 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 4.64% over the week and 4.01% over the month.
Ferroglobe Plc (GSM) has around 3403 employees, a market worth around $646.33M and $1.64B in sales. Current P/E ratio is 144.54 and Fwd P/E is 5.46. Profit margin for the company is 0.32%. Distance from 52-week low is -0.29% and -44.43% from its 52-week high. The company has generated returns on investments over the last 12 months (0.59%).
with sales reaching $324.9M over the same period.The EPS is expected to grow by 39.29% this year, but quarterly earnings will post -7.35% year-over-year. Quarterly sales are estimated to shrink -17.09% in year-over-year returns.
The shares outstanding are 187.88M, and float is at 117.78M with Short Float at 1.41%.
The top institutional shareholder in the company is COOPER CREEK PARTNERS MANAGEMENT LLC with over 14.06 million shares valued at $75.38 million. The investor’s holdings represent 7.4295 of the GSM Shares outstanding. As of 2024-06-30, the second largest holder is HOSKING PARTNERS LLP with 9.11 million shares valued at $48.82 million to account for 4.8119 of the shares outstanding. The other top investors are BARROW HANLEY MEWHINNEY & STRAUSS LLC which holds 7.62 million shares representing 4.026 and valued at over $40.85 million, while MORGAN STANLEY holds 3.5567 of the shares totaling 6.68 million with a market value of $35.83 million.
