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Glatfelter Shares Down 24.7% Since SmarTrend's Sell Call (GLT)

By Nick Russo

SmarTrend identified a Downtrend for Glatfelter (NYSE:GLT) on November 6th, 2018 at $15.93. In approximately 1 month, Glatfelter has returned 24.73% as of today's recent price of $11.99.

In the past 52 weeks, shares of Glatfelter have traded between a low of $11.65 and a high of $23.85 and are now at $11.99, which is 3% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.7% while the 50-day MA has declined 2.7%.

P.H. Glatfelter Co, commonly known as Glatfelter, manufactures specialty paper and engineered products. The Company's products include custom applications such as playing cards and digital imaging papers, as well as printing, converting papers, and long-fiberand overlay papers.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Glatfelter.

Log in and add Glatfelter (GLT) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights glatfelter

Ticker(s): GLT