Ferroglobe PLC (GSM) Scheduled to Post Earnings on Wednesday
Ferroglobe PLC (NASDAQ:GSM) is scheduled to post its quarterly earnings results on Wednesday, August 23rd. Analysts expect Ferroglobe PLC to post earnings of $0.01 per share for the quarter.
Shares of Ferroglobe PLC (NASDAQ GSM) opened at 13.03 on Wednesday. Ferroglobe PLC has a 1-year low of $7.67 and a 1-year high of $13.47. The firm’s market cap is $2.24 billion. The company’s 50 day moving average price is $12.55 and its 200-day moving average price is $10.92.
A number of brokerages have recently issued reports on GSM. BidaskClub lowered Ferroglobe PLC from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, July 25th. B. Riley reaffirmed a “buy” rating and set a $14.25 target price on shares of Ferroglobe PLC in a research report on Sunday, May 28th. Jefferies Group LLC reaffirmed a “buy” rating and set a $13.00 target price on shares of Ferroglobe PLC in a research report on Thursday, May 11th. Zacks Investment Research lowered Ferroglobe PLC from a “buy” rating to a “hold” rating in a research report on Friday, July 21st. Finally, ValuEngine raised Ferroglobe PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, May 16th. Three equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $13.04.
Ferroglobe PLC Company Profile
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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