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Fly News Breaks for November 28, 2018
GSM
Nov 28, 2018 | 09:05 EDT
B. Riley FBR analyst Sarkis Sherbetchyan lowered his price target for Ferroglobe to $4 from $14.50 after the company's Q3 results missed his expectations. His new price target reflects an unchanged multiple of eight times estimated fiscal 2019 EBITDA. The analyst keeps a Buy rating on the shares.
News For GSM From the Last 2 Days
GSM
Apr 17, 2024 | 13:56 EDT
Bearish flow noted in Ferroglobe with 1,011 puts trading, or 1.0x expected. Most active are Apr-24 5 puts and May-24 6 calls, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 34.86, while ATM IV is up nearly 3 points on the day. Earnings are expected on May 7th.