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Is it Time to Dump GrafTech International Ltd (EAF) Stock After it Has Risen 0.40% in a Week?

Thursday, November 30, 2023 01:04 PM | InvestorsObserver Analysts

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Is it Time to Dump GrafTech International Ltd (EAF) Stock After it Has Risen 0.40% in a Week?

GrafTech International Ltd (EAF) stock is higher by 0.40% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Sentiment Score - ,bullish
GrafTech International Ltd has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on EAF!

What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With EAF Stock Today?

GrafTech International Ltd (EAF) stock has risen 1.83% while the S&P 500 has fallen -0.16% as of 12:49 PM on Thursday, Nov 30. EAF is up $0.05 from the previous closing price of $2.46 on volume of 1,461,496 shares. Over the past year the S&P 500 is higher by 14.79% while EAF has fallen -51.64%. EAF earned $0.05 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 51.33.

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.

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