Glatfelter Corporation (GLT) concluded trading on Wednesday at a closing price of $1.89, with 4.33 million shares of worth about $8.18 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 26.85% during that period and on October 30, 2024 the price saw a gain of about 5.00%. Currently the company’s common shares owned by public are about 45.09M shares, out of which, 43.88M shares are available for trading.
Stock saw a price change of 8.62% in past 5 days and over the past one month there was a price change of 7.39%. Year-to-date (YTD), GLT shares are showing a performance of -2.58% which increased to 12.50% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.22 but also hit the highest price of $2.71 during that period. The average intraday trading volume for Glatfelter Corporation shares is 258.23K. The stock is currently trading 8.28% above its 20-day simple moving average (SMA20), while that difference is up 10.72% for SMA50 and it goes to 10.71% higher than SMA200.
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Glatfelter Corporation (NYSE: GLT) currently have 45.09M outstanding shares and institutions hold larger chunk of about 69.57% of that.
The stock has a current market capitalization of $86.00M and its 3Y-monthly beta is at 1.73. It has posted earnings per share of -$1.57 in the same period. It has Quick Ratio of 1.06 while making debt-to-equity ratio of 4.23. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GLT, volatility over the week remained 6.64% while standing at 5.81% over the month.
EPS is likely to shrink at an annualized rate of 0.20% for next 5-years, compared to annual growth of 15.44% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on July 26, 2021 offering an Outperform rating for the stock and assigned a target price of $17 to it. Coverage by BMO Capital Markets stated Glatfelter Corporation (GLT) stock as a Market perform in their note to investors on April 20, 2021, suggesting a price target of $19 for the stock. On May 05, 2017, BMO Capital Markets Upgrade their recommendations, while on December 16, 2015, Sidoti Initiated their ratings for the stock with a price target of $25. Stock get a Hold rating from Deutsche Bank on August 07, 2015.
