GrafTech International Ltd (EAF) volume exceeds 1.8 million: A new investment opportunity for investors

GrafTech International Ltd (NYSE: EAF) on Monday, soared 9.71% from the previous trading day, before settling in for the closing price of $2.06. Within the past 52 weeks, EAF’s price has moved between $0.52 and $2.76.

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A company in the Industrials sector has dropped its sales by -16.72% annually for the last half of the decade. The company achieved an average annual earnings per share of 56.24%. With a float of $185.85 million, this company’s outstanding shares have now reached $257.17 million.

In an organization with 1249 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -9.73%, operating margin of -19.74%, and the pretax margin is -58.5%.

GrafTech International Ltd (EAF) Insider Updates

Observing investor behavior towards Electrical Equipment & Parts industry stocks is more important than anything else. The insider ownership of GrafTech International Ltd is 27.73%, while institutional ownership is 65.90%. The most recent insider transaction that took place on May 17 ’24, was worth 572,897. In this transaction 10% Owner of this company bought 332,770 shares at a rate of $1.72, taking the stock ownership to the 31,358,061 shares. Before that another transaction happened on May 10 ’24, when Company’s 10% Owner bought 500,000 for $1.74, making the entire transaction worth $870,250. This insider now owns 31,025,291 shares in total.

GrafTech International Ltd (EAF) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 56.24% per share during the next fiscal year.

GrafTech International Ltd (NYSE: EAF) Trading Performance Indicators

GrafTech International Ltd (EAF) is currently performing well based on its current performance indicators. A quick ratio of 1.98 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.09.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.16, a number that is poised to hit -0.12 in the next quarter and is forecasted to reach -0.39 in one year’s time.

Technical Analysis of GrafTech International Ltd (EAF)

Let’s dig in a bit further. During the last 5-days, its volume was 2.14 million. That was inferior than the volume of 3.02 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.74%. Additionally, its Average True Range was 0.20.

During the past 100 days, GrafTech International Ltd’s (EAF) raw stochastic average was set at 86.57%, which indicates a significant decrease from 100.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 87.90% in the past 14 days, which was lower than the 118.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.87, while its 200-day Moving Average is $1.40. However, in the short run, GrafTech International Ltd’s stock first resistance to watch stands at $2.36. Second resistance stands at $2.45. The third major resistance level sits at $2.65. If the price goes on to break the first support level at $2.07, it is likely to go to the next support level at $1.87. Assuming the price breaks the second support level, the third support level stands at $1.78.

GrafTech International Ltd (NYSE: EAF) Key Stats

Market capitalization of the company is 589.78 million based on 257,167K outstanding shares. Right now, sales total 620,500 K and income totals -255,250 K. The company made 130,650 K in profit during its latest quarter, and -36,070 K in sales during its previous quarter.