The market has been high on GrafTech International Ltd (EAF) stock recently. EAF gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.
GrafTech International Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EAF!
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down.
InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend.
Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.
What's Happening With EAF Stock Today?
GrafTech International Ltd (EAF) stock is lower by -0.72% while the S&P 500 is up 0.38% as of 1:01 PM on Wednesday, Nov 1. EAF is down -$0.02 from the previous closing price of $3.46 on volume of 347,946 shares. Over the past year the S&P 500 is higher by 8.73% while EAF is down -32.61%. EAF earned $0.50 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 6.83.
More About GrafTech International Ltd
GrafTech International Ltd is a producer of specialized graphite electrodes. The electrode is an essential part of the electric arc furnace process used in aluminum smelters and steel minimills. The company operates into one reporting segment namely Industrial Materials. Industrial Materials segment manufactures high-quality graphite electrodes essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. It offers graphite electrodes and needle coke products.
Click Here to get the full Stock Report for GrafTech International Ltd stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
