Ferroglobe (NASDAQ:GSM) Announces Quarterly Earnings Results

Ferroglobe (NASDAQ:GSM) released its earnings results on Wednesday. The basic materials company reported $0.03 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.04, Zacks reports. Ferroglobe had a net margin of 2.74% and a return on equity of 7.55%.

Ferroglobe Trading Down 0.8 %

NASDAQ:GSM opened at $3.82 on Thursday. The stock has a fifty day simple moving average of $3.94 and a 200 day simple moving average of $4.23. The company has a quick ratio of 1.00, a current ratio of 1.83 and a debt-to-equity ratio of 0.02. The firm has a market capitalization of $717.70 million, a price-to-earnings ratio of 15.92 and a beta of 1.83. Ferroglobe has a 1-year low of $3.68 and a 1-year high of $6.19.

Ferroglobe Company Profile

Ferroglobe PLC produces and sells silicon metal, and silicon and manganese-based ferroalloys in the United States, Europe, and internationally. It provides silicone chemicals that are used in a range of applications, including personal care items, construction-related products, health care products, and electronics; and silicon metal for primary and secondary aluminum producers.