Dynamic Technology Lab Private Ltd acquired a new stake in shares of GrafTech International Ltd. (NYSE:EAF – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 140,638 shares of the company’s stock, valued at approximately $308,000. Dynamic Technology Lab Private Ltd owned about 0.05% of GrafTech International as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC purchased a new stake in GrafTech International during the 3rd quarter valued at $44,000. CWM LLC increased its position in GrafTech International by 211.9% during the fourth quarter. CWM LLC now owns 14,000 shares of the company’s stock valued at $31,000 after acquiring an additional 9,511 shares during the last quarter. Jaffetilchin Investment Partners LLC bought a new position in GrafTech International in the third quarter valued at about $63,000. Jump Financial LLC purchased a new position in GrafTech International in the third quarter worth about $72,000. Finally, Terril Brothers Inc. bought a new stake in shares of GrafTech International during the 4th quarter valued at about $44,000. Institutional investors own 92.83% of the company’s stock.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the stock. BMO Capital Markets lowered their price objective on shares of GrafTech International from $2.00 to $1.50 and set a “market perform” rating on the stock in a research note on Thursday, February 15th. Royal Bank of Canada cut their price objective on shares of GrafTech International from $3.00 to $2.00 and set a “sector perform” rating for the company in a research report on Friday, February 16th. Four investment analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $1.88.
Get Our Latest Stock Analysis on EAF
GrafTech International Trading Down 5.3 %
Shares of NYSE:EAF opened at $1.78 on Monday. GrafTech International Ltd. has a 12-month low of $1.18 and a 12-month high of $5.32. The company has a market cap of $457.76 million, a PE ratio of -1.63 and a beta of 1.05. The stock has a 50 day moving average of $1.63 and a 200 day moving average of $1.82. The company has a current ratio of 3.73, a quick ratio of 1.91 and a debt-to-equity ratio of 24.74.
GrafTech International (NYSE:EAF – Get Free Report) last posted its quarterly earnings results on Friday, April 26th. The company reported ($0.10) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.08. The business had revenue of $136.80 million during the quarter, compared to analyst estimates of $125.73 million. GrafTech International had a negative net margin of 45.08% and a negative return on equity of 66.36%. The company’s revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the business posted ($0.02) earnings per share. As a group, equities research analysts expect that GrafTech International Ltd. will post -0.43 EPS for the current year.
Insider Buying and Selling
In other GrafTech International news, major shareholder Colonial House Capital Ltd purchased 179,279 shares of the firm’s stock in a transaction on Friday, April 26th. The shares were acquired at an average cost of $1.48 per share, with a total value of $265,332.92. Following the completion of the acquisition, the insider now directly owns 29,714,854 shares in the company, valued at $43,977,983.92. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders bought 3,626,085 shares of company stock valued at $6,379,107. Company insiders own 0.60% of the company’s stock.
GrafTech International Profile
(Free Report)
GrafTech International Ltd. research, develops, manufactures, and sells graphite and carbon-based solutions worldwide. The company offers graphite electrodes to produce electric arc furnace steel and other ferrous and non-ferrous metals; and petroleum needle coke, a crystalline form of carbon used in the production of graphite electrodes and synthetic graphite.
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