|Day Low/High||9.59 / 9.85|
|52 Wk Low/High||6.90 / 16.26|
J.P. Morgan is concerned about sluggish volumes for the specialty metal company's silicon metals and alloys.
The most recent short interest data has been released for the 09/15/2016 settlement date, which shows a 1,501,710 share increase in total short interest for Ferroglobe PLC , to 6,358,156, an increase of 30.92% since 08/31/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
Ferroglobe (GSM) reported earnings and revenue that fell short of analysts' expectations for the 2016 second quarter late Thursday.
Trade-Ideas LLC identified Globe Specialty Metals (GSM) as a weak on high relative volume candidate
Trade-Ideas LLC identified Globe Specialty Metals (GSM) as a strong on high relative volume candidate
New Company to be Called Ferroglobe
A study of analyst recommendations at the major brokerages shows that Globe Specialty Metals Inc is the #6 broker analyst pick, on average, out of the 50 stocks making up the Metals Channel Global Mining Titans Index, according to Metals Channel. The Metals Channel Global Mining Titans Index is comprised of the top fifty global leaders from the metals and mining sector.
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, according to a proprietary formula designed to identify those stocks that combine two important characteristics — strong fundamentals and a valuation that looks inexpensive. Globe Specialty Metals Inc presently has an above average rank, in the top 50% of the coverage universe, which suggests it is among the top most "interesting" ideas that merit further research by investors.
Investors in Globe Specialty Metals Inc saw new options begin trading this week, for the January 2016 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the GSM options chain for the new January 2016 contracts and identified one put and one call contract of particular interest.