Ferroglobe PLC (NASDAQ:GSM) Ratings Coverage
Among 2 analysts covering Ferroglobe (NASDAQ:GSM), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Ferroglobe had 6 analyst reports since November 27, 2018 according to SRatingsIntel. The company was maintained on Friday, February 22 by FBR Capital. As per Thursday, February 14, the company rating was downgraded by Jefferies. The stock of Ferroglobe PLC (NASDAQ:GSM) earned “Perform” rating by Oppenheimer on Tuesday, November 27. Below is a list of Ferroglobe PLC (NASDAQ:GSM) latest ratings and price target changes.
08/03/2019 Broker: BidaskScore Rating: Sell Downgrade
01/03/2019 Broker: BidaskScore Rating: Hold Upgrade
25/02/2019 Broker: Oppenheimer Rating: Hold Maintain
22/02/2019 Broker: FBR Capital Rating: Buy New Target: $4 Maintain
14/02/2019 Broker: Jefferies Old Rating: Buy New Rating: Hold Old Target: $3 New Target: $2.7 Downgrade
27/11/2018 Broker: Oppenheimer Old Rating: Outperform New Rating: Perform Old Target: $9 Downgrade
The stock decreased 1.77% or $0.04 during the last trading session, reaching $2.22. About 1.56 million shares traded or 18.39% up from the average. Ferroglobe PLC (NASDAQ:GSM) has declined 83.58% since March 17, 2018 and is downtrending. It has underperformed by 87.95% the S&P500.
Ferroglobe PLC operates in the silicon and specialty metals industry in the United States, Europe, and internationally. The company has market cap of $381.79 million. The firm offers silicon metals that are used in personal care items, construction-related products, health care products, and electronics, as well as used in the manufacture of silicone chemicals; 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. It has a 4.27 P/E ratio. It also provides ferrosilicon products that are used to produce stainless steel, carbon steel, and various other steel alloys, as well as to manufacture electrodes and aluminum; silico calcium, which is used in the deoxidation and desulfurization of liquid steel, and production of coatings for cast iron pipes, as well as in the welding process of powder metal; nodularizers and inoculants, which are used in the production of iron; and silica fume, a by-product of the electrometallurgical process of silicon metal and ferrosilicon.
More notable recent Ferroglobe PLC (NASDAQ:GSM) news were published by: Nasdaq.com which released: “After-Hours Earnings Report for November 26, 2018 : ENTA, BKE, MTSC, GSM – Nasdaq” on November 26, 2018, also Globenewswire.com with their article: “GSM DEADLINE ALERT: Zhang Investor Law Reminds Investors of March 25 Deadline in Class Action Lawsuit Against Ferroglobe PLC â€“ GSM – GlobeNewswire” published on March 12, 2019, Globenewswire.com published: “CLASS ACTION UPDATE for YRIV, GSM, MU and TYME: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” on February 24, 2019. More interesting news about Ferroglobe PLC (NASDAQ:GSM) were released by: Seekingalpha.com and their article: “Microcaps tops midday movers – Seeking Alpha” published on February 26, 2019 as well as Globenewswire.com‘s news article titled: “CLASS ACTION UPDATE for SOGO, IMMU, GSM and GE: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders – GlobeNewswire” with publication date: February 19, 2019.