How to Buy Glatfelter Stock
Glatfelter Corp
Glatfelter is a paper company located in Pennsylvania, United States, which is part of the Basic Materials sector, and is traded under the ticker GLT on the NYSE exchange.
Glatfelter stock last closed at $1.49, up 4.2% from the previous day, and has decreased 66.06% in one year. It has underperformed other stocks in the Paper & Paper Products industry by 0.92 percentage points. Glatfelter stock is currently +19.2% from its 52-week low of $1.25, and -67.47% from its 52-week high of $4.58.
As of May 1, 2024, there are 45.15M GLT shares outstanding. The market capitalization of GLT is $67.27M. In the past 24 hours, 315,742 GLT shares were traded.
How to Buy Glatfelter Stock
Wondering how to invest in Glatfelter stock? Here's how.
- Figure out where to buy Glatfelter stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you figure out where to buy Glatfelter stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your method of payment and add your information.
- Analyze Glatfelter stock: The Glatfelter ticker symbol is GLT. Is Glatfelter stock a good investment? Should you buy shares of GLT? How do GLT's underlying business fundamentals look? Do top analysts think Glatfelter is a good buy? Why has GLT's stock price moved recently? (Hint: Our stock market analysis tools can help you decide if GLT is a good stock to buy).
- Place your GLT trade: Decide if you will purchase GLT shares at the current market price or use a limit order to buy GLT stock at a particular price.
- Keep an eye on your investment in GLT: Create a watchlist to keep track of your investment in Glatfelter shares.
Step 1: Figure out where to buy Glatfelter stock
You need a brokerage account to access the NYSE market and buy GLT shares.
Our favorite brokerage: eToro
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Get $10 towards your share purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create a brokerage account
Now that you've chosen your brokerage, you need to fill out some personal details so you are able to invest in GLT today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal data to start your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on the best free stock trading app, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help depositing money into your new investment account.
Step 4: Analyze Glatfelter stock
Once you have decided on the best place to buy Glatfelter stock, it's absolutely critical to research their stock before you buy, so you truly understand the risk and upside.
Glatfelter Numbers
Glatfelter Overview
WallStreetZen was built to help everyday investors do better fundamental analysis in less time.
You can view all of the due diligence checks on GLT's stock page.
What is the fair value of GLT stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge GLT's intrinsic value.
Using relative valuations methods:
- GLT could be undervalued based on its P/B ratio of 0.26x, relative to Paper & Paper Products industry P/B ratio of 1.66x
You can access additional valuation analysis on GLT's stock here.
GLT Financial Health Overview
Signs that GLT is financially healthy:
- GLT has $50.27M in cash and short term investments. This is enough to cover its annual cash burn of $57.71M.
- GLT profit margin has gone up from -13% to -5.7% in the past year.
- There are more short-term assets than short-term liabilities on the GLT balance sheet.
Signs that GLT is not financially healthy:
- GLT has cash burn of 57710000. It does not have sufficient cash and short-term investments to cover this.
- GLT has a relatively high debt to equity ratio of 5.09.
- Total GLT debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the GLT balance sheet.
Metrics for Advanced GLT Traders
How are GLT Revenues/Earnings doing?
Last year, GLT revenue was $1.39B. During the past 5 year, GLT's revenue has increased by 9.85% per year. This was slower than the Paper & Paper Products industry average of 14.81%.
Find out more about GLT's earnings and revenue performance here.
Latest Insiders Trades at GLT
Over the last 12 months, insiders at GLT have bought more shares than they have sold.
Eileen L. Beck, VP Global Human Resources of GLT, was the latest GLT insider to sell. They sold $4,546.62 worth of GLT shares on Feb 24, 2024.
Get more info about who owns GLT stock here.
Does GLT provide a stable income stream?
No, Glatfelter doesn't provide an income stream by paying out dividends.
GLT Social Trading Data
One of the reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your GLT trade
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at an exact price limit, place a limit order.
Press the Open button and your broker will execute your order.
If you need additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Keep an eye on your investment in GLT
Now that you own some GLT shares, you'll want to stay up-to-date on your investment.
Start a watchlist to get notified of important updates regarding your GLT stock.
GLT Feed
How to Buy Stock in Glatfelter
To summarize, here are the 6 steps for buying Glatfelter stock:
- Figure out where to buy Glatfelter stock
- Create a brokerage account
- Fund your brokerage account
- Analyze Glatfelter stock
- Place your GLT trade
- Keep an eye on your investment in GLT
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you would like to get the latest news on your new investment in Glatfelter, add GLT to your watchlist by clicking the button below.
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