GrafTech International Ltd’s recent filing unveils that its 10% Owner Colonial House Capital Ltd acquired Company’s shares for reported $0.57 million on May 17 ’24. In the deal valued at $1.72 per share,332,770 shares were bought. As a result of this transaction, Colonial House Capital Ltd now holds 31,358,061 shares worth roughly $42.33 million.
Then, Colonial House Capital Ltd bought 500,000 shares, generating $870,250 in total proceeds. Upon buying the shares at $1.74, the 10% Owner now owns 31,025,291 shares.
Before that, Colonial House Capital Ltd bought 114,178 shares. GrafTech International Ltd shares valued at $202,438 were divested by the 10% Owner at a price of $1.77 per share. As a result of the transaction, Colonial House Capital Ltd now holds 30,525,291 shares, worth roughly $41.21 million.
JP Morgan upgraded its GrafTech International Ltd [EAF] rating to a Neutral from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid July from “a Neutral” to “an Underweight”. UBS began covering EAF with “Neutral” recommendation on January 16, 2024. RBC Capital Mkts revised its rating on July 13, 2022. It rated EAF as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of EAF
On Friday, GrafTech International Ltd [NYSE:EAF] saw its stock fall -9.40% to $1.35. Over the last five days, the stock has lost -10.00%. GrafTech International Ltd shares have fallen nearly -21.97% since the year began. Nevertheless, the stocks have fallen -0.74% over the past one year. While a 52-week high of $2.53 was reached on 01/21/25, a 52-week low of $0.52 was recorded on 02/07/25. SMA at 50 days reached $1.7508, while 200 days put it at $1.4223.
Levels Of Support And Resistance For EAF Stock
The 24-hour chart illustrates a support level at 1.2407, which if violated will result in even more drops to 1.1313. On the upside, there is a resistance level at 1.5687. A further resistance level may holdings at 1.7873. The Relative Strength Index (RSI) on the 14-day chart is 32.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1005, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 100.00%. Stochastics %K at 15.33% indicates the stock is a buying.
How much short interest is there in GrafTech International Ltd?
A steep rise in short interest was recorded in GrafTech International Ltd stocks on 2025-01-15, dropping by -0.8 million shares to a total of 15.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 16.44 million shares. There was a decline of -5.09%, which implies that there is a negative sentiment for the stock.
