Ferroglobe PLC (NASDAQ:GSM) is set to release its earnings data on Wednesday, August 23rd. Analysts expect Ferroglobe PLC to post earnings of $0.01 per share for the quarter.
Ferroglobe PLC (NASDAQ GSM) opened at 13.03 on Wednesday. The firm has a 50-day moving average price of $12.55 and a 200-day moving average price of $10.92. The stock’s market cap is $2.24 billion. Ferroglobe PLC has a 52 week low of $7.67 and a 52 week high of $13.47.
GSM has been the topic of several recent research reports. TheStreet downgraded Ferroglobe PLC from a “c-” rating to a “d” rating in a research note on Thursday, May 18th. Zacks Investment Research raised Ferroglobe PLC from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research note on Wednesday, July 12th. BidaskClub raised Ferroglobe PLC from a “buy” rating to a “strong-buy” rating in a research note on Thursday, July 6th. ValuEngine raised Ferroglobe PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, May 16th. Finally, Jefferies Group LLC reissued a “buy” rating and issued a $12.00 price target on shares of Ferroglobe PLC in a research note on Wednesday, July 19th. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Ferroglobe PLC presently has a consensus rating of “Buy” and a consensus target price of $13.04.
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About Ferroglobe PLC
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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