Your First Trade For Monday, January 14: GrafTech International Ltd. (EAF), Crown Holdings, Inc. (CCK)

The shares of GrafTech International Ltd. (NYSE:EAF) dropped by -40.72% or -$9.45 from its last recorded high of $23.21 which it attained on March 08 to close at $13.76 per share. Over the past 52 weeks, the shares of GrafTech International Ltd. has been trading as low as $10.27 before witnessing a massive surge by 33.98% or $3.49. This price movement has led to the EAF stock receiving more attention and has become one to watch out for. It jumped by 1.33% on Sunday and this got the market excited. The stock’s beta now stands at 0 and when compared to its 200-day moving average and its 50-day moving average, EAF price stands -16.48% below and 0.84% above respectively. Its average daily volatility for this week is 4.57% which is less than the 5.29% recorded over the past month.

GrafTech International Ltd. (EAF) rose 13.44% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline 0% and is now up by 20.28% since start of this year. A look at its monthly performance shows that the stock has recorded a 16.22% gain over the past 30 days. Its equity price dipped by -16.4% over the past three months which led to its overall six-month decrease to stand at -19.2%.

Experts from research firms are bullish about the near-term performance of GrafTech International Ltd. with most of them predicting a $0 price target on a short-term (12 months) basis. The average price target by the analysts will see a -100% rise in the stock and would lead to EAF’s market cap to surge to $0. The stock has been rated an average 0, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 5 analysts that track GrafTech International Ltd. (NYSE:EAF) and find out that 0 of them rated it as a Hold. 5 of the 5 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.

A look at EAF technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 61.22 point. Its trading volume has lost -258095 shares compared to readings over the past three months as it recently exchanged 1191905 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 1450000 shares, and this is 0.82 times the normal volume.

The price of Crown Holdings, Inc. (NYSE:CCK) currently stands at $46.55 after it went up by $0.86 or 1.88% and has found a strong support at $45.67 a share. If the CCK price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $44.8 mark would also be bad for the stock as it means that the stock would plunge by 3.76% from its current position. However, if the stock price is able to trade above the resistance point around $47.08, then it could likely surge higher to try and break the upward resistance which stands at $47.62 a share. Its average daily volatility over the past one month stands at 3.55%. The stock has plunged by 2.62% from its 52-weeks high of $45.33 which it reached on Jan. 26, 2018. In general, it is 16.11% above its 52-weeks lowest point which stands at $39.05 and this setback was observed on Dec. 26, 2018.

Analysts have predicted a price target for Crown Holdings, Inc. (CCK) for 1 year and it stands at an average $59.14/share. This means that it would likely increase by 27.05% from its current position. The current price of the stock has been moving between $45.33 and $46.74. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $49. On the other hand, one analyst is super bullish about the price, setting a target as high as $72.

The CCK stock Stochastic Oscillator (%D) is at 88.94%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 0.58 which compares to the 1.08 recorded by the industry or the 65.48 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 8.16, which is lower than the 12.83 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 0.1% over the past five years.

Analysts view Crown Holdings, Inc. (NYSE:CCK) as a Buy, with 1.9 consensus rating. Reuters surveyed 14 analysts that follow CCK and found that 3 of those analysts rated the stock as a Hold. The remaining 11 were divided, with 11 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying Crown Holdings, Inc. (CCK) shares or sell it if they already own it.