Shares of Ferroglobe PLC (NASDAQ:GSM) traded up 8.6% on Wednesday . The company traded as high as $3.69 and last traded at $3.65. 53,858 shares changed hands during trading, a decline of 98% from the average session volume of 2,571,231 shares. The stock had previously closed at $3.36.
The company has a 50-day simple moving average of $3.55 and a 200-day simple moving average of $2.18. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.92 and a current ratio of 1.77. The stock has a market cap of $612.25 million, a P/E ratio of -3.38 and a beta of 2.92.
Ferroglobe (NASDAQ:GSM) last announced its earnings results on Monday, March 1st. The basic materials company reported ($0.47) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.46). The business had revenue of $320.54 million during the quarter. Ferroglobe had a negative net margin of 15.30% and a negative return on equity of 21.03%.
Ferroglobe Company Profile (NASDAQ:GSM)
Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. The company offers silicone chemicals that are used in a range of applications, including personal care items, construction-related products, health care products, and electronics, as well as silicon metal for primary and secondary aluminum producers; silicomanganese, which is used as deoxidizing agent in the steel manufacturing process; and ferromanganese that is used as a deoxidizing, desulphurizing, and degassing agent in the removal of nitrogen and other harmful elements from steel.
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