P H Glatfelter Co (NYSE:GLT) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as $11.55 and last traded at $11.73, with a volume of 321460 shares trading hands. The stock had previously closed at $11.83.
A number of brokerages have issued reports on GLT. Zacks Investment Research lowered shares of P H Glatfelter from a “hold” rating to a “strong sell” rating in a research note on Tuesday, November 13th. ValuEngine raised shares of P H Glatfelter from a “hold” rating to a “buy” rating in a report on Monday, November 12th. DA Davidson dropped their price objective on shares of P H Glatfelter to $19.00 and set a “buy” rating on the stock in a report on Wednesday, November 7th. Sidoti upped their price objective on shares of P H Glatfelter from $23.00 to $25.00 and gave the company a “buy” rating in a report on Wednesday, October 10th. Finally, BMO Capital Markets upped their price objective on shares of P H Glatfelter from $24.00 to $26.00 and gave the company an “outperform” rating in a report on Thursday, August 23rd. One equities research analyst has rated the stock with a sell rating and four have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $24.00.
The firm has a market cap of $517.94 million, a P/E ratio of 10.11, a price-to-earnings-growth ratio of 18.93 and a beta of 1.10. The company has a debt-to-equity ratio of 1.05, a quick ratio of 1.73 and a current ratio of 2.24.
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P H Glatfelter Company Profile (NYSE:GLT)
P. H. Glatfelter Company, together with its subsidiaries, manufactures and sells specialty papers and engineered materials worldwide. The company's Composite Fibers business unit offers food and beverage filtration paper for single-serve coffee and tea products; wall covering base materials for wallpaper manufacturers; metallized products that are used in labels, packaging liners, gift wrap, and other consumer product applications; composite laminate papers for use in production of decorative laminates, furniture, and flooring applications; and special paper products, which are used in electrical energy storage, transport and transmission, wipes, and other engineered fiber-based applications.
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