2.65% volatility in GFL Environmental Inc. (GFL) last month: This is a red flag warning

On Friday, GFL Environmental Inc. (NYSE: GFL) was 3.03% up from the session before settling in for the closing price of $42.21. A 52-week range for GFL has been $26.87 – $42.26.

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Annual sales at Industrials sector company grew by 33.09% over the past five years. When this article was written, the company’s average yearly earnings per share was at -8.41%. With a float of $237.96 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. In terms of profitability, gross margin is 17.73%, operating margin of 5.28%, and the pretax margin is -11.05%.

GFL Environmental Inc. (GFL) Insider Updates

Also, it is sometimes useful to examine the sentiment of large-scale investors toward GFL Environmental Inc. stocks. The insider ownership of GFL Environmental Inc. is 36.80%, while institutional ownership is 59.96%. The most recent insider transaction that took place on Aug 08 ’24, was worth 23,916,000.

GFL Environmental Inc. (GFL) Performance Highlights and Predictions

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.24 earnings per share (EPS) during the time that was better than consensus figure (set at 0.21) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -8.41% per share during the next fiscal year.

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

You can see what GFL Environmental Inc. (GFL) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.89. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.91. Likewise, its price to free cash flow for the trailing twelve months is 609.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.41, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.03 in one year’s time.

Technical Analysis of GFL Environmental Inc. (GFL)

GFL Environmental Inc. (NYSE: GFL) saw its 5-day average volume 0.66 million, a negative change from its year-to-date volume of 1.23 million. As of the previous 9 days, the stock’s Stochastic %D was 97.60%. Additionally, its Average True Range was 0.99.

During the past 100 days, GFL Environmental Inc.’s (GFL) raw stochastic average was set at 99.92%, which indicates a significant increase from 99.81% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.63% in the past 14 days, which was lower than the 31.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $39.31, while its 200-day Moving Average is $34.68. Nevertheless, the first resistance level for the watch stands at $43.92 in the near term. At $44.36, the stock is likely to face the second major resistance level. The third major resistance level sits at $45.21. If the price goes on to break the first support level at $42.63, it is likely to go to the next support level at $41.78. Assuming the price breaks the second support level, the third support level stands at $41.34.

GFL Environmental Inc. (NYSE: GFL) Key Stats

There are 376,471K outstanding shares of the company, which has a market capitalization of 16.38 billion. As of now, sales total 5,567 M while income totals 33,630 K. Its latest quarter income was 1,505 M while its last quarter net income were -344,310 K.