With 1.79 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.88 million shares. The 52-week range on GSM shows that it touched its highest point at $6.19 and its lowest point at $3.68 during that stretch. It currently has a 1-year price target of $8.25. With its current market cap of 682.02 million, GSM has annualized dividend of $0.05 while the current yield stands at 1.43%. Beta for the stock currently stands at 1.86.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GSM was down-trending over the past week, with a drop of -12.11%, but this was down by -9.70% over a month. Three-month performance dropped to -14.18% while six-month performance fell -20.39%. The stock lost -31.77% in the past year, while it has lost -4.47% so far this year. A look at the trailing 12-month EPS for GSM yields 0.02 with Next year EPS estimates of 0.58. For the next quarter, that number is -0.01. This implies an EPS growth rate of 16.07% for this year and 80.00% for next year.
Float and Shares Shorts:
At present, 187.88 million GSM shares are outstanding with a float of 117.78 million shares on hand for trading.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.26743 being high and $0.25257 being low. For GSM, this leads to a yearly average estimate of $0.26. Based on analyst estimates, the high estimate for the next quarter is $0.18 and the low estimate is $0.01. The average estimate for the next quarter is thus $0.09.
