In today’s recent session, 0.92 million shares of the Glatfelter Corporation (NYSE:GLT) have been traded, and its beta is 1.73. Most recently the company’s share price was $1.95, and it changed around $0.15 or 8.33% from the last close, which brings the market valuation of the company to $88.73M. GLT at last check was trading at a discount to its 52-week high of $2.71, offering almost -38.97% off that amount. The share price’s 52-week low was $1.22, which indicates that the recent value has risen by an impressive 37.44% since then. We note from Glatfelter Corporation’s average daily trading volume that its 10-day average is 0.45 million shares, with the 3-month average coming to 258.23K.
Glatfelter Corporation stock received a consensus recommendation rating of Hold, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 2 recommended GLT as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight.
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Glatfelter Corporation (NYSE:GLT) trade information
Instantly GLT has been showing a green trend so far today with a performance of 8.33% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 2.0600 on recent trading dayincreased the stock’s daily price by 5.34%. The company’s shares are currently up 0.52% year-to-date, but still up 12.07% over the last five days. On the other hand, Glatfelter Corporation (NYSE:GLT) is 10.80% up in the 30-day period. We can see from the shorts that 1.82 million shares have been sold at a short interest cover period of 6.87 day(s).
GLT Dividends
Glatfelter Corporation’s next quarterly earnings report is expected to be released on 2022-Nov-03. The average dividend yield for the past five years averaged 5.08 per year.
Glatfelter Corporation (NYSE:GLT)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.63% of Glatfelter Corporation shares, and 69.00% of them are in the hands of institutional investors. The stock currently has a share float of 71.61%. Glatfelter Corporation stock is held by 111.0 institutions, with CARLSON CAPITAL L P being the largest institutional investor. By 2024-06-30, it held 10.4145% of the shares, which is about 4.71 million shares worth $6.54 million.
LITTLEJOHN & CO LLC, with 8.0804% or 3.65 million shares worth $5.07 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
