With 2.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.96 million shares. The 52-week range on GSM shows that it touched its highest point at $6.19 and its lowest point at $3.23 during that stretch. It currently has a 1-year price target of $11.00. With its current market cap of 721.48 million, GSM has annualized dividend of $0.05 while the current yield stands at 1.35%. Beta for the stock currently stands at 1.59.
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 up-trending over the past week, with a rise of 13.95%, but this was down by -0.78% over a month. Three-month performance dropped to -12.73% while six-month performance fell -8.79%. The stock lost -11.93% in the past year, while it has gained 1.05% so far this year. A look at the trailing 12-month EPS for GSM yields 0.02 with Next year EPS estimates of 0.63. For the next quarter, that number is -0.06. This implies an EPS growth rate of 39.29% for this year and 61.54% 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 $0.26413 being high and $0.25587 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 $0.02 and the low estimate is $0.02. The average estimate for the next quarter is thus $0.02.
