Glatfelter (NYSE:GLT) traded today at a new 52-week high of $18.70. Approximately 86,000 shares have changed hands today, as compared to an average 30-day volume of 215,000 shares.
In the past 52 weeks, shares of Glatfelter have traded between a low of $14.25 and a high of $18.70 and are now at $18.61, which is 31% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.7% while the 200-day MA has risen 0.3%.
Glatfelter manufactures specialty paper and engineered products from its facilities located in the United States, Germany, France, and the Philippines. The Company's products include custom applications such as playing cards and digital imaging papers, as well as printing and converting papers and long-fiber and overlay papers.
Glatfelter has overhead space with shares priced $18.61, or 15.4% below the average consensus analyst price target of $22.00. Glatfelter shares have support at the 50-day moving average (MA) of $17.17 and additional support at the 200-day MA of $16.59.