News headlines about Tredegar (NYSE:TG) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Tredegar earned a coverage optimism score of 0.12 on Accern’s scale. Accern also gave headlines about the basic materials company an impact score of 46.9684262884515 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Tredegar (NYSE:TG) traded down $0.05 during trading on Friday, reaching $19.30. 53,981 shares of the company’s stock traded hands, compared to its average volume of 67,805. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.88 and a quick ratio of 1.28. The company has a market capitalization of $637.42, a PE ratio of 11.03 and a beta of 1.76. Tredegar has a 1 year low of $14.65 and a 1 year high of $24.30.
Tredegar (NYSE:TG) last issued its quarterly earnings data on Tuesday, October 31st. The basic materials company reported $0.28 earnings per share for the quarter. The firm had revenue of $247.16 million for the quarter. Tredegar had a net margin of 6.06% and a return on equity of 7.96%.
The company also recently disclosed a quarterly dividend, which was paid on Monday, January 1st. Shareholders of record on Friday, December 15th were paid a dividend of $0.11 per share. The ex-dividend date was Thursday, December 14th. This represents a $0.44 annualized dividend and a yield of 2.28%. Tredegar’s dividend payout ratio is 25.14%.
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Tredegar Corporation is engaged in the manufacture of polyethylene plastic films, polyester films and aluminum extrusions. The Company’s segments are PE Films, Flexible Packaging Films and Aluminum Extrusions. The PE Films segment manufactures plastic films, elastics and laminate materials utilized in personal care materials, surface protection films and specialty and optical lighting applications.
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