Ferroglobe PLC (GSM) Soars 14.06% on January 09

Ferroglobe PLC (GSM) Soars 14.06% on January 09

Ferroglobe PLC (GSM) had a good day on the market for Wednesday January 09 as shares jumped 14.06% to close at $2.19. About 1.78 million shares traded hands on 5,133 trades for the day, compared with an average daily volume of n/a shares out of a total float of 171.98 million. After opening the trading day at $1.95, shares of Ferroglobe PLC stayed within a range of $2.25 to $1.93.

With today’s gains, Ferroglobe PLC now has a market cap of $376.63 million.

The stock has a P/E Ratio of 2.6. Shares of Ferroglobe PLC have been trading within a range of $17.40 and $1.47 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Ferroglobe PLC provides silicon and specialty metals. It produces silicon metal and silicon and manganese-based alloy, serving customers in the specialty chemical, aluminum, solar, steel and ductile iron foundry industries. Its business is organized into four segments which include Electrometallurgy- North America, Electrometallurgy- Europe, Electrometallurgy- South Africa, and Other segments. The Electrometallurgy segment includes its coal and quartz mining operations and its silicon metal and ferroalloy production. The Electrometallurgy- South Africa generates maximum revenue for the company.

Ferroglobe PLC is based out of London, and has some 3,775 employees. Its CEO is Pedro Larrea Paguaga.

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