JP Morgan has recently reduced GrafTech International Ltd (EAF) stock to Underweight rating, as announced on July 16, 2024, according to Finviz. Earlier, on January 16, 2024, UBS had initiated the stock to Neutral, setting a price target of $2. RBC Capital Mkts also reduced Sector Perform rating with a price target of $7. Additionally, Citigroup reduced Neutral rating on June 7, 2022, with a target price of $10. JP Morgan analysts, in their report published on June 16, 2021, also resumed Overweight rating and set a price target of $18 for GrafTech International Ltd’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
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GrafTech International Ltd (EAF) Stock Trading Recap
On Monday, GrafTech International Ltd (EAF) stock saw a decline, ending the day at $2.07 which represents a decrease of $-0.06 or -2.82% from the prior close of $2.13. The stock opened at $2.18 and touched a low of $2.07 during the day, reaching a high of $2.22. The volume of shares traded was 1.99 million falling short of the average volume of 2.22 million.
EAF Stock Performance and Moving Averages
In recent trading, GrafTech International Ltd (EAF) stock price has shown some volatility, fluctuating 13.11% over the last five trades and 38.00% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 15.00%, and it has gained 220.04% in the previous three months. Currently, EAF is trading at 12.13%, 48.80%, and 55.15% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, EAF, a Industrials sector stock, is trading -25.00% below its 52-week high but remains 298.08% above its 52-week low. The Average True Range (ATR) (14 days) of 0.19 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
GrafTech International Ltd’s Profitability and Valuation Ratios
GrafTech International Ltd’s profitability metrics reveal strong financial health. The company currently boasts an operating margin of -16.57% and a profit margin of -50.11%, with a gross margin of 15.00%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, GrafTech International Ltd’s market capitalization stands at $547.77 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 0.96, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 32.78, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 27.72% of GrafTech International Ltd (EAF)’s shares, while financial institutions hold 69.42%.
Notable insider trades include BCP GP Ltd, Former 10% Owner at GrafTech International Ltd (EAF), who sold 3922786 shares on Jan 02 ’24, at $2.2 each, totaling $8.63 million. On Jan 02 ’24, BCP GP Ltd, Former 10% Owner, sold 3922786 shares for $2.2 each, amounting to $8.63 million. Additionally, on Jan 02 ’24, BCP GP Ltd sold 3922786 shares at $2.2 each, generating $8.63 million.
