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Looking Closely at the Growth Curve for Glatfelter Corporation (GLT)

Glatfelter Corporation (NYSE:GLT) went up by 9.89% from its latest closing price compared to the recent 1-year high of $17.76. The company’s stock price has collected 16.47% of gains in the last five trading sessions.

Is It Worth Investing in Glatfelter Corporation (NYSE :GLT) Right Now?

Plus, the 36-month beta value for GLT is at 1.51. Opinions of the stock are interesting as 1 analysts out of 1 who provided ratings for Glatfelter Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”

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The average price from analysts is $9.00. GLT currently public float of 43.43M and currently shorts hold a 2.14% ratio of that float. Today, the average trading volume of GLT was 594.89K shares.

GLT’s Market Performance

GLT stocks went up by 16.47% for the week, with a monthly jump of 30.98% and a quarterly performance of 55.60%, while its annual performance rate touched -77.95%. The volatility ratio for the week stands at 7.19% while the volatility levels for the past 30 days are set at 7.05% for Glatfelter Corporation. The simple moving average for the period of the last 20 days is 25.02% for GLT stocks with a simple moving average of -30.03% for the last 200 days.

Analysts’ Opinion of GLT

Many brokerage firms have already submitted their reports for GLT stocks, with BMO Capital Markets repeating the rating for GLT by listing it as a “Outperform.” The predicted price for GLT in the upcoming period, according to BMO Capital Markets is $17 based on the research report published on July 26th of the previous year 2021.

BMO Capital Markets, on the other hand, stated in their research note that they expect to see GLT reach a price target of $19, previously predicting the price at $21. The rating they have provided for GLT stocks is “Market Perform” according to the report published on April 20th, 2021.

BMO Capital Markets gave a rating of “Outperform” to GLT, setting the target price at $24 in the report published on May 05th of the previous year.

GLT Trading at 16.22% from the 50-Day Moving Average

After a stumble in the market that brought GLT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -78.10% of loss for the given period.

Volatility was left at 7.05%, however, over the last 30 days, the volatility rate increased by 7.19%, as shares surge +36.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.78% upper at present.

During the last 5 trading sessions, GLT rose by +16.47%, which changed the moving average for the period of 200-days by -65.94% in comparison to the 20-day moving average, which settled at $3.16. In addition, Glatfelter Corporation saw 39.93% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at GLT starting from Hackett Darrel H., who purchase 25,000 shares at the price of $4.20 back on Sep 07. After this action, Hackett Darrel H. now owns 36,702 shares of Glatfelter Corporation, valued at $105,000 using the latest closing price.

Laures Wolfgang, the SVP, IGSC and IT of Glatfelter Corporation, purchase 23,000 shares at $4.25 during a trade that took place back on Sep 07, which means that Laures Wolfgang is holding 23,000 shares at $97,773 based on the most recent closing price.

Stock Fundamentals for GLT

Current profitability levels for the company are sitting at:

  • +5.04 for the present operating margin
  • +13.31 for the gross margin

The net margin for Glatfelter Corporation stands at +0.62. Equity return is now at value -40.80, with -9.80 for asset returns.

The liquidity ratio also appears to be rather interesting for investors as it stands at 1.72.