GrafTech International Ltd. (NYSE:EAF) CFO Acquires $52,000.00 in Stock

GrafTech International Ltd. (NYSE:EAF - Get Free Report) CFO Rory F. O'donnell purchased 50,000 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The shares were acquired at an average price of $1.04 per share, for a total transaction of $52,000.00. Following the completion of the acquisition, the chief financial officer now directly owns 100,000 shares of the company's stock, valued at $104,000. This trade represents a 100.00 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

GrafTech International Stock Performance

GrafTech International stock traded up $0.05 during midday trading on Monday, reaching $1.15. The stock had a trading volume of 4,683,566 shares, compared to its average volume of 1,406,975. The company has a quick ratio of 1.98, a current ratio of 3.79 and a debt-to-equity ratio of 57.38. The firm has a market capitalization of $294.46 million, a PE ratio of -0.98 and a beta of 0.97. GrafTech International Ltd. has a 12 month low of $0.52 and a 12 month high of $2.53. The firm's 50-day moving average price is $1.63 and its 200 day moving average price is $1.45.

GrafTech International (NYSE:EAF - Get Free Report) last announced its quarterly earnings results on Wednesday, February 12th. The company reported ($0.13) EPS for the quarter, beating analysts' consensus estimates of ($0.14) by $0.01. GrafTech International had a negative net margin of 55.21% and a negative return on equity of 459.99%. During the same quarter in the previous year, the company posted ($0.27) EPS. As a group, research analysts predict that GrafTech International Ltd. will post -0.43 earnings per share for the current fiscal year.

Institutional Investors Weigh In On GrafTech International

Several institutional investors have recently made changes to their positions in EAF. SG Americas Securities LLC bought a new position in shares of GrafTech International in the third quarter valued at approximately $156,000. Tyler Stone Wealth Management lifted its stake in GrafTech International by 113.3% in the 3rd quarter. Tyler Stone Wealth Management now owns 61,100 shares of the company's stock worth $81,000 after purchasing an additional 32,450 shares in the last quarter. Intech Investment Management LLC bought a new position in GrafTech International in the 3rd quarter valued at $81,000. The Manufacturers Life Insurance Company grew its position in shares of GrafTech International by 30.0% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 101,449 shares of the company's stock valued at $134,000 after purchasing an additional 23,413 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in shares of GrafTech International by 19.4% in the third quarter. BNP Paribas Financial Markets now owns 127,831 shares of the company's stock worth $169,000 after purchasing an additional 20,769 shares during the period. Hedge funds and other institutional investors own 92.83% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on EAF shares. JPMorgan Chase & Co. upgraded GrafTech International from an "underweight" rating to a "neutral" rating in a research note on Friday, December 6th. Citigroup lifted their price objective on shares of GrafTech International from $1.00 to $2.20 and gave the stock a "neutral" rating in a research report on Tuesday, December 3rd. Royal Bank of Canada reiterated a "sector perform" rating and issued a $2.00 target price on shares of GrafTech International in a research note on Monday, February 10th. Finally, BMO Capital Markets decreased their price target on shares of GrafTech International from $2.00 to $1.50 and set a "market perform" rating for the company in a research note on Monday, February 10th.

About GrafTech International

GrafTech International Ltd. research, develops, manufactures, and sells graphite and carbon-based solutions worldwide. The company offers graphite electrodes to produce electric arc furnace steel and other ferrous and non-ferrous metals; and petroleum needle coke, a crystalline form of carbon used in the production of graphite electrodes and synthetic graphite.