GrafTech International Ltd. (NYSE:EAF) shares, rose in value, with the stock price down by -2.42% to the previous day’s close as strong demand from buyers drove the stock to $1.61.
Actively observing the price movement in the last trading, the stock closed the session at $1.65. Referring to stock’s 52-week performance, its high was $5.32, and the low was $1.18. On the whole, EAF has fluctuated by 26.77% over the past month.
The company’s Forward Dividend Ratio is 0.01, with its dividend yield at 0.62%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 540.07M, with a low estimate of 117M and a high estimate of 132.17M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 125.69M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EAF’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of EAF currently trading nearly 4.75% and 4.19% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 52.55, while the 7-day volatility ratio is showing 7.33% which for the 30-day chart, stands at 10.31%. Furthermore, GrafTech International Ltd. (EAF)’s beta value is 1.09, and its average true range (ATR) is 0.14.
A comparison of GrafTech International Ltd. (EAF) with its peers suggests the former has fared considerably weaker in the market. EAF showed an intraday change of -2.42% in last session, and over the past year, it shrunk by -65.38%%.
Data on historical trading for GrafTech International Ltd. (NYSE:EAF) indicates that the trading volumes over the past 3 months, they’ve averaged 3.26 million. According to company’s latest data on outstanding shares, there are 256.83 million shares outstanding.
Nearly 26.54% of GrafTech International Ltd.’s shares belong to company insiders and institutional investors own 74.63% of the company’s shares. The stock has fallen by -26.48% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EAF stock heading into the next quarter.
