Ferroglobe (GSM) to Release Earnings on Monday

Ferroglobe (NASDAQ:GSM) is scheduled to be releasing its earnings data after the market closes on Monday, August 5th. Analysts expect Ferroglobe to post earnings of $0.08 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Ferroglobe Stock Down 6.0 %

Shares of NASDAQ GSM opened at $4.85 on Friday. Ferroglobe has a 12-month low of $4.26 and a 12-month high of $6.78. The company has a market capitalization of $909.04 million, a PE ratio of 14.27 and a beta of 1.87. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.74 and a quick ratio of 1.02. The firm’s 50-day moving average is $5.58 and its two-hundred day moving average is $5.29.

Ferroglobe Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 27th. Shareholders of record on Monday, June 17th were issued a $0.013 dividend. This represents a $0.05 annualized dividend and a dividend yield of 1.07%. The ex-dividend date of this dividend was Monday, June 17th. Ferroglobe’s dividend payout ratio (DPR) is presently 14.71%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com downgraded shares of Ferroglobe from a “buy” rating to a “hold” rating in a report on Tuesday, July 2nd.

About Ferroglobe

Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. It provides 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.