PH Glatfelter Stock Hits New 52-Week High (GLT)

NEW YORK ( TheStreet) -- PH Glatfelter Company (NYSE: GLT) hit a new 52-week high Friday as it is currently trading at $16.26, above its previous 52-week high of $16.22 with 85,370 shares traded as of 10:35 a.m. ET. Average volume has been 276,500 shares over the past 30 days.

PH Glatfelter has a market cap of $652 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 13% year to date as of the close of trading on Thursday.

P. H. Glatfelter Company manufactures and sells specialty papers and fiber-based engineered materials in the United States and internationally. The company has a P/E ratio of 15.5, below the average consumer non-durables industry P/E ratio of 21.1 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates PH Glatfelter as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. You can view the full PH Glatfelter Ratings Report.

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