Ferroglobe PLC (Nasdaq:GSM)
July 3rd, 2018
Amidst falling markets Ferroglobe PLC finished Wednesday’s trading session down 2.42%, a $0.20 decrease to close on $8.05. As well as the drop in value, Ferroglobe PLC hit a new 52 week low of $7.99, breaking the previous low of $8.17 from earlier this month.
GSM was outperformed by the rest of the Materials sector which went down just 0.33%.
Ferroglobe PLC Info
Globe Specialty Metals, Inc. produces and distributes silicon metal, silicon-based specialty alloys, and silicon-fume ingredients. The company offers foundry alloys, steelmaking alloys, and electrodes. It caters to silicon chemical, aluminum, and steel manufacturers; photovoltaic solar cell and computer chip manufacturers; automobile sector; ductile iron foundries; and concrete and building material producers. Globe Specialty Metals, Inc. was formerly known as International Metal Enterprises, Inc. and changed its name to Globe Specialty Metals, Inc. in November 2006. The company was incorporated in 2004 and is based in Miami, Florida. Globe Specialty Metals, Inc. operates as a subsidiary of Ferroglobe PLC.
All amounts in USD unless otherwise indicated
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