Shares of Tredegar Co. (NYSE:TG - Get Free Report) passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $6.13 and traded as high as $8.53. Tredegar shares last traded at $6.96, with a volume of 757,166 shares traded.
Tredegar Stock Up 1.6 %
The stock has a market cap of $243.99 million, a price-to-earnings ratio of -8.81 and a beta of 0.88. The firm's fifty day moving average price is $7.26 and its two-hundred day moving average price is $6.13. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.78 and a quick ratio of 0.41.
Hedge Funds Weigh In On Tredegar
Institutional investors have recently bought and sold shares of the stock. Gladius Capital Management LP bought a new position in Tredegar during the third quarter valued at approximately $40,000. XTX Topco Ltd purchased a new position in shares of Tredegar in the second quarter worth $49,000. AQR Capital Management LLC acquired a new stake in shares of Tredegar during the second quarter worth $49,000. Simplicity Wealth LLC purchased a new stake in shares of Tredegar during the second quarter valued at $57,000. Finally, SG Americas Securities LLC acquired a new position in shares of Tredegar in the third quarter valued at about $74,000. 79.24% of the stock is owned by institutional investors.
About Tredegar
(
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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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