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GrafTech International (NYSE:GTI) Director Randy W. Carson acquired 10,000 shares of the stock on the open market in a transaction dated Friday, April 25th. The shares were purchased at an average price of $11.15 per share, with a total value of $111,500.00. Following the transaction, the director now directly owns 59,908 shares in the company, valued at approximately $667,974. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Shares of GrafTech International (NYSE:GTI) traded up 3.86% during mid-day trading on Monday, hitting $11.549. 243,251 shares of the company’s stock traded hands. GrafTech International has a 1-year low of $6.84 and a 1-year high of $13.01. The stock has a 50-day moving average of $10.77 and a 200-day moving average of $10.55. The company’s market cap is $1.565 billion.

GrafTech International (NYSE:GTI) last released its earnings data on Thursday, April 24th. The company reported ($0.08) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.02) by $0.06. The company had revenue of $281.00 million for the quarter, compared to the consensus estimate of $270.69 million. During the same quarter last year, the company posted $0.03 earnings per share. GrafTech International’s revenue was up 10.6% compared to the same quarter last year. Analysts expect that GrafTech International will post $0.15 EPS for the current fiscal year.

A number of research firms have recently commented on GTI. Analysts at Jefferies Group raised their price target on shares of GrafTech International from $11.50 to $13.50 in a research note on Friday. Separately, analysts at Zacks downgraded shares of GrafTech International from a “neutral” rating to an “underperform” rating in a research note on Tuesday, March 4th. They now have a $9.10 price target on the stock.

GrafTech International Ltd (NYSE:GTI) is a manufacturer of graphite electrodes, products essential to the production of electric arc furnace (EAF) steel and various other ferrous and nonferrous metals.

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