GFL Environmental Inc. (GFL): Trading Report of Wednesday, June 24


GFL Environmental Inc. (NYSE:GFL) changes shares on Wednesday trading session, with a change of 2.06% or $0.37 shares. The trading starts at $19.18 and closed at $18.00 throughout the day. The trading session low price was $17.97 and day high was $19.64 on Wednesday, June 24. After the session, the Industrials sector daily volume shifted to 1.59 million while its average volume is 687.19K. In other hand, the GFL market cap reached to $5.77B. While, its current target price is $18.37 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.49% and up 1.60% for month. Its quarterly performance was 30.38% above GFL performance rise 9.35% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. GFL EPS (TTM) for 12-month is -0.13.

Let’s take a look on the analyst recommendations on GFL for the current month and previous month. For the current month, 6 of 11 analysts recommend stock as Buy while 0 as Sell, 1 as overweight, 0 as underweight and 4 as Hold. As compared with the previous month ratings, 10 analysts participate in stock recommendation. Out of 10, 0 rated it sell, 5 rated it as Buy and 4 as Hold Ratings. On the other hand, target price ranges from $15.01-$24.00. Average target price for GFL was reached at $19.93.

BC Partners Advisors L.P., Ontario Teachers’ Pension Plan Board and Wellington Management Company, LLP are the top three holders in GFL Environmental Inc. (GFL) stock. On Mar 30, 2020, BC Partners Advisors L.P. has 67.7 million shares which valued 1.02 billion. On Mar 30, 2020, Ontario Teachers’ Pension Plan Board owned 50.82 million shares which valued at 764.91 million. On Mar 30, 2020, Wellington Management Company, LLP has a total of 6.95 million shares which valued at 104.61 million. In the end, Wellington Management Company, LLP have 2.21% shares outstanding of GFL Environmental Inc. (GFL) on Mar 30, 2020. The insider ownership moved to 0.08% and institutional holding shifted to 7.32%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for GFL rise 10.34% for period of 200 days. SMA for 50 days was 4.94% which is showing green signal, while SMA-20 was -2.30%. The moving average value for GFL Environmental Inc. (GFL) is 65.17 and 18.25 for 200 and 50 days respectively.