News articles about Ferroglobe (NASDAQ:GSM) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ferroglobe earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the basic materials company an impact score of 46.8086099679137 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the media stories that may have effected Accern Sentiment’s analysis:
A number of research analysts recently commented on the company. ValuEngine cut Ferroglobe from a “hold” rating to a “sell” rating in a research report on Friday. B. Riley restated a “buy” rating and issued a $16.00 price target on shares of Ferroglobe in a research report on Sunday, September 3rd. Jefferies Group set a $18.00 price target on Ferroglobe and gave the stock a “buy” rating in a research report on Tuesday, November 28th. Stifel Nicolaus set a $23.00 price target on Ferroglobe and gave the stock a “buy” rating in a research report on Thursday. Finally, BidaskClub upgraded Ferroglobe from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 19th. One analyst has rated the stock with a sell rating, one has issued a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $19.25.
Ferroglobe (NASDAQ:GSM) traded down $0.28 during trading on Monday, reaching $15.79. The company’s stock had a trading volume of 473,921 shares, compared to its average volume of 787,025. Ferroglobe has a 1 year low of $8.54 and a 1 year high of $16.50. The company has a current ratio of 1.80, a quick ratio of 1.09 and a debt-to-equity ratio of 0.45.
Ferroglobe (NASDAQ:GSM) last released its earnings results on Monday, November 27th. The basic materials company reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.03 by $0.02. Ferroglobe had a negative return on equity of 0.75% and a negative net margin of 2.84%. The firm had revenue of $451.60 million for the quarter, compared to analysts’ expectations of $435.15 million. The business’s quarterly revenue was up 23.8% on a year-over-year basis. equities analysts anticipate that Ferroglobe will post 0.13 earnings per share for the current fiscal year.
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Ferroglobe PLC, formerly VeloNewco Limited, is engaged in silicon and specialty metals industry. The Company produces silicon metal and silicon- and manganese-based alloy, which serves customers in the chemical, aluminum, solar, steel and ductile iron foundry industries. It operates through two segments: Electrometallurgy and Energy.
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