Ferroglobe Plc (NASDAQ: GSM) Gain Of 22.45% Compared To 52-Week Low; YTD Rise 0.79% – What Should You Do Now?

Ferroglobe Plc (NASDAQ:GSM)’s traded shares stood at 0.8 million during the last session, with the company’s beta value hitting 1.60. At the close of trading, the stock’s price was $3.83, to imply an increase of 1.86% or $0.07 in intraday trading. The GSM share’s 52-week high remains $6.12, putting it -59.79% down since that peak but still an impressive 22.45% since price per share fell to its 52-week low of $2.97.

Ferroglobe Plc (NASDAQ:GSM) trade information

After registering a 1.86% upside in the last session, Ferroglobe Plc (GSM) has traded red over the past five days. The 5-day price performance for the stock is -0.26%, and 2.13% over 30 days. With these gigs, the year-to-date price performance is 0.79%.

Ferroglobe Plc (GSM) estimates and forecasts

The rating firms project that company’s revenue will shrink -3.68% compared to the previous financial year.

Revenue forecast for the current quarter as set by 1 analysts is 398M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 451.7M.Earnings reports from the last fiscal year show that sales brought in 451.05M and 433.53M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -11.76% before jumping 4.19% in the following quarter.

GSM Dividends

Ferroglobe Plc has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Ferroglobe Plc has a forward dividend ratio of 0.05, with the share yield ticking at 1.38% to continue the rising pattern observed over the past year.

The next major institution holding the largest number of shares is HOSKING PARTNERS LLP with 9.11 million shares, or about 4.8119% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $48.82 million.

We also have AMERICAN BEACON FUNDS-American Beacon Small Cap Value Fund and First Eagle Funds-First Eagle Small Cap Opportunity Fund as the top two Mutual Funds with the largest holdings of the Ferroglobe Plc (GSM) shares. Going by data provided on Jan 31, 2025 , AMERICAN BEACON FUNDS-American Beacon Small Cap Value Fund holds roughly 2.81 shares. This is just over 1.50% of the total shares, with a market valuation of $10.75 million. Data from the same date shows that the other fund manager holds a little less at 1.81, or 0.97% of the shares, all valued at about 6.93 million.