GFL Environmental Inc. (NYSE:GFL) shares, rose in value on Thursday, April 25, with the stock price down by -2.68% to the previous day’s close as strong demand from buyers drove the stock to $31.98.
Actively observing the price movement in the recent trading, the stock is buoying the session at $32.86. Referring to stock’s 52-week performance, its high was $39.06, and the low was $26.87. On the whole, GFL has fluctuated by -5.13% over the past month.
The company’s Forward Dividend Ratio is 0.05, with its dividend yield at 0.17%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 5.88B, with a low estimate of 1.29B and a high estimate of 1.32B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 1.3B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GFL’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of GFL currently trading nearly -5.70% and -7.86% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 32.58, while the 7-day volatility ratio is showing 1.70% which for the 30-day chart, stands at 2.51%. Furthermore, GFL Environmental Inc. (GFL)’s beta value is 1.14, and its average true range (ATR) is 0.82.
A comparison of GFL Environmental Inc. (GFL) with its peers suggests the former has fared considerably weaker in the market. GFL showed an intraday change of -2.68% in today’s session so far, and over the past year, it shrunk by -6.87%%.
Data on historical trading for GFL Environmental Inc. (NYSE:GFL) indicates that the trading volumes over the past 3 months, they’ve averaged 1.21 million. According to company’s latest data on outstanding shares, there are 359.35 million shares outstanding.
Nearly 39.94% of GFL Environmental Inc.’s shares belong to company insiders and institutional investors own 55.64% of the company’s shares. The stock has fallen by -7.33% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GFL stock heading into the next quarter.
