Tredegar (NYSE:TG – Get Free Report) was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating in a note issued to investors on Thursday.
Tredegar Trading Up 0.8 %
Shares of TG stock opened at $7.32 on Thursday. The stock’s fifty day moving average price is $7.72 and its two-hundred day moving average price is $7.44. The company has a market cap of $251.42 million, a PE ratio of -9.26 and a beta of 0.75. Tredegar has a fifty-two week low of $3.98 and a fifty-two week high of $9.22. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.42 and a current ratio of 0.79.
Tredegar (NYSE:TG – Get Free Report) last announced its quarterly earnings results on Wednesday, March 12th. The basic materials company reported $0.06 EPS for the quarter. Tredegar had a positive return on equity of 10.10% and a negative net margin of 3.84%. The company had revenue of $154.05 million during the quarter.
Institutional Inflows and Outflows
Tredegar Company Profile
Tredegar Corporation manufactures and sells aluminum extrusions, polyethylene (PE) films, and plastic and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and alloyed aluminum extrusions to fabricators and distributors.
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