Ferroglobe PLC (GSM) Getting Somewhat Critical Media Coverage, Analysis Shows

Ferroglobe PLC (GSM) Getting Somewhat Critical Media Coverage, Analysis Shows

Media stories about Ferroglobe PLC (NASDAQ:GSM) have trended somewhat negative this week, AlphaOne reports. AlphaOne, a service of Accern, identifies positive and negative news coverage by monitoring more than twenty million news and blog sources. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Ferroglobe PLC earned a media sentiment score of -0.09 on AlphaOne’s scale. AlphaOne also gave news coverage about the basic materials company an impact score of 68 out of 100, meaning that recent news coverage is likely to have an effect on the stock’s share price in the next few days.

These are some of the media stories that may have impacted AlphaOne Sentiment Analysis’s scoring:

Ferroglobe PLC (NASDAQ GSM) opened at 10.83 on Friday. Ferroglobe PLC has a one year low of $7.67 and a one year high of $12.53. The company’s 50-day moving average is $9.56 and its 200-day moving average is $10.48. The firm’s market cap is $1.86 billion.

Several equities research analysts have recently commented on the stock. B. Riley reiterated a “buy” rating and set a $14.25 price target on shares of Ferroglobe PLC in a research report on Tuesday, May 23rd. ValuEngine upgraded shares of Ferroglobe PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, May 16th. TheStreet cut shares of Ferroglobe PLC from a “c-” rating to a “d” rating in a research report on Thursday, May 18th. Zacks Investment Research cut shares of Ferroglobe PLC from a “hold” rating to a “sell” rating in a research report on Monday, May 22nd. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $13.00 price target on shares of Ferroglobe PLC in a research report on Thursday, May 11th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and five have given a buy rating to the company’s stock. Ferroglobe PLC presently has an average rating of “Buy” and a consensus price target of $12.54.

About Ferroglobe PLC

Ferroglobe PLC, formerly VeloNewco Limited, is engaged in silicon and specialty metals industry. The Company produces silicon metal and silicon- and manganese-based alloy, which serves customers in the chemical, aluminum, solar, steel and ductile iron foundry industries. It operates through two segments: Electrometallurgy and Energy.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “NASDAQ:GSM”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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