As of close of business last night, Glatfelter Corporation’s stock clocked out at $1.78, down -0.56% from its previous closing price of $1.79. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 588493 shares were traded. GLT stock price reached its highest trading level at $1.8300 during the session, while it also had its lowest trading level at $1.7400.
Ratios:
To gain a deeper understanding of GLT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.10 and its Current Ratio is at 2.16. In the meantime, Its Debt-to-Equity ratio is 3.37 whereas as Long-Term Debt/Eq ratio is at 3.32.
On April 20, 2021, BMO Capital Markets Downgraded its rating to Market Perform which previously was Outperform and also lowered its target price recommendation from $21 to $19.
BMO Capital Markets Upgraded its Market Perform to Outperform on May 05, 2017, whereas the target price for the stock was revised from $23 to $24.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Oct 26 ’23 when CARLSON CAPITAL L P bought 50,000 shares for $1.60 per share. The transaction valued at 80,000 led to the insider holds 7,176,000 shares of the business.
CARLSON CAPITAL L P bought 25,000 shares of GLT for $38,698 on Oct 25 ’23. The 10% Owner now owns 7,126,000 shares after completing the transaction at $1.55 per share. On Oct 24 ’23, another insider, CARLSON CAPITAL L P, who serves as the 10% Owner of the company, bought 75,000 shares for $1.54 each. As a result, the insider paid 115,320 and bolstered with 7,101,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GLT now has a Market Capitalization of 80.55M and an Enterprise Value of 895.67M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.06 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at 0.65 whereas that against EBITDA is 15.74.
Stock Price History:
Over the past 52 weeks, GLT has reached a high of $4.59, while it has fallen to a 52-week low of $1.25. The 50-Day Moving Average of the stock is 1.9258, while the 200-Day Moving Average is calculated to be 2.0345.
Shares Statistics:
It appears that GLT traded 1.61M shares on average per day over the past three months and 405.8k shares per day over the past ten days. A total of 45.09M shares are outstanding, with a floating share count of 43.62M. Insiders hold about 3.38% of the company’s shares, while institutions hold 81.06% stake in the company. Shares short for GLT as of Mar 15, 2024 were 3.43M with a Short Ratio of 2.13, compared to 2.89M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.59% and a Short% of Float of 8.89%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.08.
Earnings Estimates
As of right now, 0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.
