The price of GrafTech International Ltd. (NYSE:EAF) shares last traded on Wall Street rose 4.91% to $1.71.
EAF stock price is now 14.60% away from the 50-day moving average and -40.31% away from the 200-day moving average. The market capitalization of the company currently stands at $439.18M.
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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, BCP GP Ltd, Former 10% Owner sold 3,922,786 shares of the company’s stock on Jan 02 ’24. The stock was sold for $8,630,129 at an average price of $2.20. Upon completion of the transaction, the Former 10% Owner now directly owns 23,352,826 shares in the company, valued at $39.93 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 02 ’24, Former 10% Owner BCP GP Ltd sold 3,922,786 shares of the business’s stock. A total of $8,630,129 was realized by selling the stock at an average price of $2.20. This leaves the insider owning 23,352,826 shares of the company worth $39.93 million. A total of 24.77% of the company’s stock is owned by insiders.
During the past 12 months, GrafTech International Ltd. has had a low of $1.18 and a high of $5.32. As of last week, the company has a debt-to-equity ratio of 11.89, a current ratio of 3.54, and a quick ratio of 1.73. The fifty day moving average price for EAF is $1.4970 and a two-hundred day moving average price translates $2.8495 for the stock.
The latest earnings results from GrafTech International Ltd. (NYSE: EAF) was released for Dec, 2023. According to the Electrical Equipment & Parts Company, earnings per share came in at -$0.27, missing analysts’ expectations of -$0.12 by -0.15. This compares to $0.20 EPS in the same period last year. The net profit margin was -41.14% and return on equity was -122.73% for EAF. The company reported revenue of $137.15 million for the quarter, compared to $247.52 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -44.59 percent. For the current quarter, analysts expect EAF to generate $125.69M in revenue.
