2.53% volatility in GFL Environmental Inc. (GFL) last month: This is a red flag warning

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On Tuesday, GFL Environmental Inc. (NYSE: GFL) opened higher 0.33% from the last session, before settling in for the closing price of $33.10. Price fluctuations for GFL have ranged from $26.87 to $39.06 over the past 52 weeks.

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Annual sales at Industrials sector company grew by 33.09% over the past five years. Company’s average yearly earnings per share was noted 18.70% at the time writing. With a float of $226.12 million, this company’s outstanding shares have now reached $359.35 million.

Let’s look at the performance matrix of the company that is accounted for 20000 employees.

GFL Environmental Inc. (GFL) Insider Updates

A key investor’s attitude towards the stock of the Waste Management industry is another important factor to consider. The insider ownership of GFL Environmental Inc. is 39.94%, while institutional ownership is 55.61%.

GFL Environmental Inc. (GFL) Performance Highlights and Predictions

If we go through the results of last quarter, which was made public on 12/31/2023, the company posted 0.06 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.03) by 0.09. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 18.70% per share during the next fiscal year.

GFL Environmental Inc. (NYSE: GFL) Trading Performance Indicators

Check out the current performance indicators for GFL Environmental Inc. (GFL). In the past quarter, the stock posted a quick ratio of 0.77. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.25.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit 0.02 in the next quarter and is forecasted to reach 1.09 in one year’s time.

Technical Analysis of GFL Environmental Inc. (GFL)

GFL Environmental Inc. (NYSE: GFL) saw its 5-day average volume 0.71 million, a negative change from its year-to-date volume of 1.14 million. As of the previous 9 days, the stock’s Stochastic %D was 18.36%. Additionally, its Average True Range was 0.82.

During the past 100 days, GFL Environmental Inc.’s (GFL) raw stochastic average was set at 61.37%, which indicates a significant increase from 18.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.62% in the past 14 days, which was lower than the 27.35% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $34.76, while its 200-day Moving Average is $33.05. Nevertheless, the first resistance level for the watch stands at $33.39 in the near term. At $33.58, the stock is likely to face the second major resistance level. The third major resistance level sits at $33.79. If the price goes on to break the first support level at $32.99, it is likely to go to the next support level at $32.78. Assuming the price breaks the second support level, the third support level stands at $32.59.

GFL Environmental Inc. (NYSE: GFL) Key Stats

There are currently 371,163K shares outstanding in the company with a market cap of 12.50 billion. Presently, the company’s annual sales total 5,567 M according to its annual income of 33,630 K. Last quarter, the company’s sales amounted to 1,383 M and its income totaled -40,000 K.