Ferroglobe PLC (NASDAQ:GSM) traded at a new 52-week high today of $7.26. This new high was reached on below average trading volume as 506,000 shares traded hands, while the average 30-day volume is approximately 1.2 million shares.
Ferroglobe PLC share prices have moved between a 52-week high of $7.26 and a 52-week low of $0.40 and are now trading 1,692% above that low price at $7.24 per share.
Ferroglobe PLC (NASDAQ:GSM) is currently priced 11.3% above its average consensus analyst price target of $6.42.
Ferroglobe PLC provides silicon and specialty metals. It produces silicon metal and silicon and manganese-based alloy, serving customers in the specialty chemical, aluminum, solar, steel and ductile iron foundry industries. The company’s business segments include Electrometallurgy- North America, Electrometallurgy- Europe, Electrometallurgy- South Africa, and Other segments. The Electrometallurgy segment includes its coal and quartz mining operations and its silicon metal and ferroalloy production. The Electrometallurgy- Europe generates maximum revenue for the company.
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