Tredegar Corp’s filing revealed that its 10% Owner GAMCO INVESTORS, INC. ET AL acquired Company’s shares for reported $3975.0 on Dec 12 ’24. In the deal valued at $7.95 per share,500 shares were bought. As a result of this transaction, GAMCO INVESTORS, INC. ET AL now holds 7,500 shares worth roughly $58875.0.
Then, GAMCO INVESTORS, INC. ET AL bought 500 shares, generating $3,505 in total proceeds. Upon buying the shares at $7.01, the 10% Owner now owns 7,000 shares.
Macquarie initiated its Tredegar Corp [TG] rating to a Neutral in a research note published on June 04, 2015; the price target was $23. A number of analysts have revised their coverage, including Davenport’s analysts, who decreased its forecast for the stock in mid April from “a Buy” to “a Neutral”. Davenport also remained covering TG and has increased its forecast on January 09, 2008 with a “Buy” recommendation from previously “Neutral” rating. Davenport revised its rating on August 08, 2007. It rated TG as “a Neutral” which previously was an “a Reduce/sell”.
Price Performance Review of TG
On Tuesday, Tredegar Corp [NYSE:TG] saw its stock jump 2.48% to $7.85. Over the last five days, the stock has lost -3.49%. Tredegar Corp shares have risen nearly 43.07% since the year began. Nevertheless, the stocks have risen 47.15% over the past one year. While a 52-week high of $9.22 was reached on 11/06/24, a 52-week low of $3.98 was recorded on 03/15/24. SMA at 50 days reached $7.69, while 200 days put it at $6.34.
Levels Of Support And Resistance For TG Stock
The 24-hour chart illustrates a support level at 7.64, which if violated will result in even more drops to 7.55. On the upside, there is a resistance level at 7.83. A further resistance level may holdings at 7.93. The Relative Strength Index (RSI) on the 14-day chart is 51.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.47%. Stochastics %K at 33.60% indicates the stock is a holding.
How much short interest is there in Tredegar Corp?
A steep rise in short interest was recorded in Tredegar Corp stocks on 2024-11-29, dropping by 22197.0 shares to a total of 0.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.19 million shares. There was a decline of -13.23%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 04, 2007 when Davenport began covering the stock and recommended ‘”a Reduce/sell”‘ rating along with a $21 price target.
