Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. Until today this year the stock’s price performance recorded a decrease of -9.18%. However, over the last six months, the performance has been weaker by 13.24%. The price of GSM decreased -0.11% over the last 30 days. And in the last five days, it has surged by 1.97%.
Ferroglobe Plc (GSM) current stock price is $4.41. During the last trading session, the stock soared, reaching $8.0 after opening at $4.41. The stock’s lowest point was $8.0 before it closed at $4.04.
Ferroglobe Plc’s stock has seen a smooth market performance.
52-week price history of GSM Stock
The history of a stock’s 52-week high and low prices can provide important information about its current state and future potential. Ferroglobe Plc’s current trading price is -15.45% away from its 52-week high, while its distance from the 52-week low is 48.32%. The stock’s price range for this period has been between $2.97 and $5.21. The Basic Materials sector company’s shares saw a trading volume of about 4.69 million for the day, which was higher than the average daily volume of 1.6 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Ferroglobe Plc (GSM) has experienced a quarterly rise of 27.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 822.09M and boasts a workforce of 3283 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.88, with a change in price of +0.50. Similarly, Ferroglobe Plc recorded 1,446,601 in trading volume during the last 100 days, posting a change of +12.66%.
GSM’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for GSM stands at 0.27. Similarly, the long-term debt-to-equity ratio is also 0.14.
GSM Stock Stochastic Average
As of today, the raw stochastic average of Ferroglobe Plc over the past 50 days is 68.85%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 66.25%. Additionally, the Stochastic %K and %D values for the company were 28.75% and 12.90%, respectively, over the past 20 days.
