Tredegar Corporation (TG) Scheduled to Post Quarterly Earnings on Monday
Tredegar Corporation (NYSE TG) opened at 19.20 on Monday. The company’s 50-day moving average price is $17.78 and its 200-day moving average price is $16.52. Tredegar Corporation has a 1-year low of $14.65 and a 1-year high of $25.60. The firm has a market capitalization of $632.83 million, a P/E ratio of 10.26 and a beta of 1.73.
The business also recently disclosed a quarterly dividend, which was paid on Sunday, October 1st. Shareholders of record on Friday, September 15th were issued a $0.11 dividend. The ex-dividend date was Thursday, September 14th. This represents a $0.44 annualized dividend and a yield of 2.29%. Tredegar Corporation’s dividend payout ratio (DPR) is presently 23.53%.
Several research firms have recently issued reports on TG. BidaskClub upgraded shares of Tredegar Corporation from a “strong sell” rating to a “sell” rating in a report on Saturday, August 5th. TheStreet upgraded shares of Tredegar Corporation from a “c+” rating to a “b-” rating in a report on Friday, August 25th.
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In other news, major shareholder Gamco Investors, Inc. Et Al sold 1,500 shares of Tredegar Corporation stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $18.25, for a total transaction of $27,375.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 12.59% of the stock is currently owned by company insiders.
Tredegar Corporation Company Profile
Tredegar Corporation is engaged in the manufacture of polyethylene plastic films, polyester films and aluminum extrusions. The Company’s segments are PE Films, Flexible Packaging Films and Aluminum Extrusions. The PE Films segment manufactures plastic films, elastics and laminate materials utilized in personal care materials, surface protection films and specialty and optical lighting applications.
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