Ferroglobe (NASDAQ:GSM) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS

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

Ferroglobe Stock Down 0.8 %

Ferroglobe stock opened at $3.82 on Thursday. The company has a market capitalization of $717.70 million, a P/E 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. The firm’s fifty day simple moving average is $3.94 and its 200-day simple moving average is $4.23. The company has a current ratio of 1.83, a quick ratio of 1.00 and a debt-to-equity ratio of 0.02.

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.