GrafTech International Ltd. (NYSE:EAF) went down by -3.07% from its latest closing price compared to the recent 1-year high of $14.16. The company’s stock price has collected -4.63% of loss in the last five trading sessions. Press Release reported on 08/30/21 that GrafTech CEO to Present at the RBC Capital Markets Global Industrials Conference
Is It Worth Investing in GrafTech International Ltd. (NYSE :EAF) Right Now?
GrafTech International Ltd. (NYSE:EAF) scored a price-to-earnings ratio above its average ratio, recording 8.28 x from its present earnings ratio. Plus, the 36-month beta value for EAF is at 1.06. Opinions of the stock are interesting as 4 analysts out of 6 who provided ratings for GrafTech International Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $13.12, which is $4.07 above the current price. EAF currently public float of 201.87M and currently shorts hold a 4.90% ratio of that float. Today, the average trading volume of EAF was 2.62M shares.
EAF’s Market Performance
EAF stocks went down by -4.63% for the week, with a monthly drop of -2.72% and a quarterly performance of -11.48%, while its annual performance rate touched 55.59%. The volatility ratio for the week stands at 4.16% while the volatility levels for the past 30 days are set at 3.05% for GrafTech International Ltd.. The simple moving average for the period of the last 20 days is -1.14% for EAF stocks with a simple moving average of -6.31% for the last 200 days.
Analysts’ Opinion of EAF
Many brokerage firms have already submitted their reports for EAF stocks, with JP Morgan repeating the rating for EAF by listing it as a “Overweight.” The predicted price for EAF in the upcoming period, according to JP Morgan is $18 based on the research report published on June 16th of the current year 2021.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see EAF reach a price target of $16, previously predicting the price at $12. The rating they have provided for EAF stocks is “Outperform” according to the report published on May 13th, 2021.
EAF Trading at -2.66% from the 50-Day Moving Average
After a stumble in the market that brought EAF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.32% of loss for the given period.
Volatility was left at 3.05%, however, over the last 30 days, the volatility rate increased by 4.16%, as shares surge +0.47% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.94% lower at present.
During the last 5 trading sessions, EAF fell by -4.63%, which changed the moving average for the period of 200-days by +32.67% in comparison to the 20-day moving average, which settled at $10.85. In addition, GrafTech International Ltd. saw 0.56% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at EAF starting from BCP GP Ltd, who sale 20,000,000 shares at the price of $13.31 back on May 24. After this action, BCP GP Ltd now owns 64,942,570 shares of GrafTech International Ltd., valued at $266,200,000 using the latest closing price.
BCP GP Ltd, the Director of GrafTech International Ltd., sale 20,000,000 shares at $13.31 during a trade that took place back on May 24, which means that BCP GP Ltd is holding 64,942,570 shares at $266,200,000 based on the most recent closing price.
Stock Fundamentals for EAF
Equity return is now at value -114.30, with 24.40 for asset returns.