Media coverage about Tredegar (NYSE:TG) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tredegar earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave news headlines about the basic materials company an impact score of 47.1524736686354 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
TG stock traded up $0.05 on Tuesday, hitting $18.55. 16,292 shares of the company’s stock traded hands, compared to its average volume of 69,585. Tredegar has a 1-year low of $14.65 and a 1-year high of $20.65. The firm has a market cap of $590.97, a PE ratio of 19.67 and a beta of 1.41. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.88 and a quick ratio of 1.31.
Tredegar (NYSE:TG) last released its earnings results on Wednesday, February 21st. The basic materials company reported $0.20 EPS for the quarter. Tredegar had a net margin of 3.84% and a return on equity of 8.62%. The business had revenue of $245.84 million during the quarter. During the same period in the prior year, the company earned $0.10 earnings per share.
The company also recently declared a quarterly dividend, which was paid on Sunday, April 1st. Investors of record on Friday, March 16th were given a $0.11 dividend. The ex-dividend date of this dividend was Thursday, March 15th. This represents a $0.44 annualized dividend and a dividend yield of 2.37%.
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Tredegar Company Profile
Tredegar Corporation, through its subsidiaries, manufactures and sells polyethylene (PE) plastic films, polyester films, and aluminum extrusions worldwide. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. The PE Films segment offers personal care materials, such as apertured films and laminate materials for use in feminine hygiene products, baby diapers, and adult incontinence products under the ComfortAire, ComfortFeel, and FreshFeel brands; elastic materials for use as components for baby diapers, adult incontinence products, and feminine hygiene products under the ExtraFlex and FlexAire brands; and three-dimensional apertured film transfer layers for baby diapers and adult incontinence products under the AquiDry and AquiDry Plus brands.
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