Shares of GLT traded higher by 2.76% or $0.43/share to $16.01. NYSE is trading at a price to book ratio of 1.36. The PEG is 0.94 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.41. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 239390 shares of GLT exchange hands on a given day and today's volume is recorded at 96758. These factors combined may make this company a potential takeover candidate. Value investors may have an eye on this one, especially if the stock gets cheaper.
P. H. Glatfelter Company (Glatfelter) is a manufacturer of specialty papers and fiber-based engineered materials.
