In today’s recent session, 0.57 million shares of the GrafTech International Ltd (NYSE:EAF) have been traded, and its beta is 0.90. Most recently the company’s share price was $1.20, and it changed around -$0.15 or -11.04% from the last close, which brings the market valuation of the company to $308.86M. EAF at last check was trading at a discount to its 52-week high of $2.53, offering almost -110.83% off that amount. The share price’s 52-week low was $0.52, which indicates that the recent value has risen by an impressive 56.67% since then. We note from GrafTech International Ltd’s average daily trading volume that its 10-day average is 1.22 million shares, with the 3-month average coming to 1.73 million.
GrafTech International Ltd stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 5 recommended EAF as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.
GrafTech International Ltd (NYSE:EAF) trade information
Instantly EAF has been showing red trend so far today with a performance of -11.04% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 1.6780 on recent trading dayincreased the stock’s daily price by 28.49%. The company’s shares are currently down -30.58% year-to-date, but still down -17.74% over the last five days. On the other hand, GrafTech International Ltd (NYSE:EAF) is -29.35% down in the 30-day period. We can see from the shorts that 15.64 million shares have been sold at a short interest cover period of 8.63 day(s).
The consensus price target as assigned by Wall Street analysts is $2, which translates to bulls needing to increase their stock price by 40.0% from its current value. Analyst projections state that EAF is forecast to be at a low of $2 and a high of $2.
EAF Dividends
GrafTech International Ltd’s next quarterly earnings report is expected to be released in March. The average dividend yield for the past five years averaged 1.41 per year.
GrafTech International Ltd (NYSE:EAF)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 27.85% of GrafTech International Ltd shares, and 65.18% of them are in the hands of institutional investors. The stock currently has a share float of 90.33%. GrafTech International Ltd stock is held by 165.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 14.9192% of the shares, which is about 38.4 million shares worth $37.25 million.
GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC, with 8.8473% or 22.77 million shares worth $22.09 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Low-Priced Stock Fund and iShares Russell 2000 ETF were the top two Mutual Funds as of Oct 31, 2024. The former held 17.72 shares worth $21.44 million, making up 6.89% of all outstanding shares. On the other hand, iShares Russell 2000 ETF held roughly 7.35 shares worth around $8.9 million, which represents about 2.86% of the total shares outstanding.
