Tredegar (TG) to Release Quarterly Earnings on Thursday

Tredegar (NYSE:TG) will announce its earnings results before the market opens on Thursday, May 9th.

Tredegar (NYSE:TG) last posted its quarterly earnings results on Friday, March 15th. The basic materials company reported ($0.01) earnings per share for the quarter. Tredegar had a negative net margin of 15.08% and a negative return on equity of 2.72%. The company had revenue of $166.99 million during the quarter.

Tredegar Trading Down 2.0 %

Shares of Tredegar stock opened at $6.26 on Wednesday. Tredegar has a 12-month low of $3.98 and a 12-month high of $9.44. The company has a quick ratio of 0.38, a current ratio of 0.71 and a debt-to-equity ratio of 0.13. The business’s 50 day moving average is $5.79 and its 200-day moving average is $5.17. The stock has a market cap of $215.53 million, a P/E ratio of -2.02 and a beta of 0.97.

About Tredegar

Tredegar Corporation manufactures and sells aluminum extrusions, polyethylene (PE) films, and plastic and polyester films in the United States and internationally. It operates through three segments: Aluminum Extrusions, PE Films, and Flexible Packaging Films. The Aluminum Extrusions segment produces soft and medium strength alloyed aluminum extrusions, custom fabricated and finished aluminum extrusions for the building and construction, automotive and transportation, consumer durables, machinery and equipment, electrical and renewable energy, and distribution markets; and manufactures mill, anodized, and painted and alloyed aluminum extrusions to fabricators and distributors.