GFL Environmental Inc. (GFL) saw downtrend of -1.10% in the recent, registering $22.42 being its most recent bid. The distance of current price level is -3.65% lower than the highest price of $23.27 marked by the stock while trading over the past 52-weeks, whereas it is 88.09% higher than the lowest price of $11.92 the company dropped to over past 52-weeks. The latest news story on GFL appeared in Newsfile under the title “ROSEN, GLOBALLY RECOGNIZED INVESTOR COUNSEL, Continues to Investigate Securities Claims Against GFL Environmental Inc. – GFL, GFLU” on Oct-12-20.
Squeezing the time span to 30 day period shows us the stock currently buoying -2.90% below one month high and is +14.33% above of the lowest during that time. Looking into the simple moving average, GFL Environmental Inc. (GFL)’s stock is currently standing at a SMA-50 of $20.61 while that of 5-day is reading $22.40.
Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $993.3 billion.
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). Institutions currently hold 314.31 million of GFL’s outstanding shares. That indicates a holding of about 7.32% or $313.88 of worth by institutional holders in the company.
As on Jun 29, 2020, BC Partners Advisors L.P. was the top most holder in GFL Environmental Inc. (NYSE:GFL) with an ownership of 67.7 million shares of the company or 21.54% of the stake worth $1.27 billion. The filing also reveals Ontario Teachers’ Pension Plan Board as the second largest holder in the company with a control over 16.17% of the stake or worth of $953.98 million for having 50.82 million shares in hand.
Wellington Management Company, LLP also came increasing its position in the company during the recent quarter and it now holds 2.55% of the outstanding shares. With this there are now 14 institutions which have been in possession of GFL’s shares.
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. The count was 278.89 for long-term debt to equity ratio.
The rising figure indicates that GFL came strengthening itself from within over the past one year. A comparison of company’s ROE with that of the Waste Management industry and with the broader scale at the Industrials sector level shows that industry’s average ROE is 4.43.