(NYSE:GLT) P H Glatfelter Co Dips To New 52 Week Low

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P H Glatfelter Co (NYSE:GLT)

December 6th, 2018
P H Glatfelter Co fell $0.18 Thursday, a 1.45% drop, closing at $11.87. As well as the drop in value, P H Glatfelter Co hit a new 52 week low of $11.65, breaking the previous low of $12.01 from earlier this month.

GLT was outperformed by the rest of the Materials sector which went down just 1.36%.

Forecasts from 3 analysts points to the possibility that P H Glatfelter Co could grow significantly (63%), while Finbox has calculated (with medium uncertainty) a fair value price of $15.07.

Market Sectors

The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (2.66%), while Energy saw the biggest drop (1.77%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector falling 12%.

Communication Services saw the biggest turnaround from its 5-day performance of -1.28%, as it went up 1.04%. Utilities saw a turn around from its 5-day performance of 2.33% trading down 0.10%.

Sector Breakdown

  • Real Estate went up with a 2.66% change.
  • Communication Services went up with a 1.04% change.
  • Consumer Discretionary went up with a 0.61% change.
  • Information Technology went up with a 0.23% change.
  • Utilities went down with a -0.10% change.
  • Consumer Staples went down with a -0.10% change.
  • Healthcare went down with a -0.31% change.
  • Industrials went down with a -0.55% change.
  • Materials went down with a -1.36% change.
  • Financials went down with a -1.44% change.
  • Energy went down with a -1.77% change.

Glatfelter is based in York. Glatfelter was founded in 1864.

P H Glatfelter Co Info

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. Its Advanced Airlaid Materials business unit supplies absorbent cellulose-based airlaid nonwoven materials that are used to manufacture consumer products, such as feminine hygiene, specialty wipe, adult incontinence, home care, and other consumer products. The company’s Specialty Papers business unit offers carbonless and non-carbonless forms papers for credit card receipts, multi-part forms, security papers, and other end-user applications; engineered products for high speed inkjet printing, office specialty products, greeting cards, and other niche specialty applications; envelope and converting papers for transactional and direct mail envelopes; and book publishing papers for the production of hardbound books and other book publishing needs. P. H. Glatfelter Company markets its products directly, as well as through wholesale paper merchants, brokers, and agents. The company was founded in 1864 and is headquartered in York, Pennsylvania.

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