Ferroglobe Plc (NASDAQ: GSM) is -0.26% lower on its value in year-to-date trading and has touched a low of $3.23 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 $3.36 in the last trading session, with the day’s gains setting it 0.43%.
Currently trading at $3.79, the stock is 1.91% and -1.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.92 million and changing 12.80% at the moment leaves the stock -17.04% off its SMA200. GSM registered -15.21% loss for a year compared to 6-month loss of -11.45%.
The stock witnessed a -2.57% gain in the last 1 month and extending the period to 3 months gives it a -14.25%, and is 10.17% up 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 5.78% over the week and 4.62% over the month.
Ferroglobe Plc (GSM) has around 3403 employees, a market worth around $712.08M and $1.64B in sales. Current P/E ratio is 159.24 and Fwd P/E is 6.02. Profit margin for the company is 0.32%. Distance from 52-week low is 17.34% and -38.77% 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.
