Tredegar Corporation (TG) Soars 3.68% on March 03

Equities Staff  |

Tredegar Corporation (TG) had a good day on the market for Wednesday March 03 as shares jumped 3.68% to close at $16.35. About 179,941 shares traded hands on 1,822 trades for the day, compared with an average daily volume of n/a shares out of a total float of 33.5 million. After opening the trading day at $15.85, shares of Tredegar Corporation stayed within a range of $16.58 to $15.85.

With today's gains, Tredegar Corporation now has a market cap of $547.69 million. Shares of Tredegar Corporation have been trading within a range of $23.71 and $11.32 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Tredegar Corp through its subsidiaries engaged in the manufacture of Polyethylene Plastic films, Polyester Films, and Aluminum Extrusions. Polyethylene Plastic films manufacture plastic films, elastics and laminate materials which are utilized in personal care materials, surface protection films, and specialty and optical lighting applications. It operates through PE Films, Flexible Packaging Films, and Aluminum Extrusions segments. Aluminum Extrusions produce high-quality, soft-alloy and medium-strength aluminum use for building and construction, automotive, consumer durables, machinery and equipment, electrical and distribution markets. It generates revenue from the United States, Asia, and Brazil.

Tredegar Corporation is based out of Richmond, VA and has some 2,500 employees. Its CEO is John M. Steitz.

For a complete fundamental analysis of Tredegar Corporation, check out Equities.com’s Stock Valuation Analysis report for TG.

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Tredegar Corporation is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Tredegar Corporation and to follow the company’s latest updates, you can visit the company’s profile page here: TG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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