The price of GrafTech International Ltd. (NYSE:EAF) shares last traded on Wall Street fell -7.50% to $0.95.
EAF stock price is now -38.73% away from the 50-day moving average and -54.98% away from the 200-day moving average. The market capitalization of the company currently stands at $245.03M.
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With the price target of $2, UBS recently initiated with Neutral rating for GrafTech International Ltd. (NYSE: EAF). On July 13, 2022, RBC Capital Mkts Downgraded its previous ‘Outperform’ rating to ‘Sector Perform’ on the stock reducing its target price from $10 to quote $7, while ‘Citigroup’ rates the stock as ‘Neutral’
In other news, Colonial House Capital Ltd, 10% Owner bought 332,770 shares of the company’s stock on May 17 ’24. The stock was bought for $572,897 at an average price of $1.72. Upon completion of the transaction, the 10% Owner now directly owns 31,358,061 shares in the company, valued at $29.79 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 10 ’24, 10% Owner Colonial House Capital Ltd bought 500,000 shares of the business’s stock. A total of $870,250 was incurred on buying the stock at an average price of $1.74. This leaves the insider owning 31,025,291 shares of the company worth $29.47 million. A total of 34.33% of the company’s stock is owned by insiders.
During the past 12 months, GrafTech International Ltd. has had a low of $0.95 and a high of $5.32. As of last week, the company has a debt-to-equity ratio of 24.64, a current ratio of 3.73, and a quick ratio of 1.91. The fifty day moving average price for EAF is $1.54266 and a two-hundred day moving average price translates $2.104615 for the stock.
The latest earnings results from GrafTech International Ltd. (NYSE: EAF) was released for 2024-03-31. The net profit margin was -45.08% and return on equity was -151.45% for EAF. The company reported revenue of $136.58 million for the quarter, compared to $138.8 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.6 percent.
