Traders are more bullish on shares of the company if you take into consideration the decrease in short interest. The firm had a fall in short interest between August 15, 2017 and August 31, 2017 of -21.28%. Short shares decreased 82,486 over that period. With short interest at 305,129 and short average daily volume at 168,876, days to cover is 2.0 and the percentage of shorted shares is 0.00% as of August 31.
These firms have modified their investment in PGEM. As of quarter end Malaga Cove Capital, LLC had sold a total of 1,087 shares trimming its position 0.9%. The value of the investment in (PGEM) decreased from $2,165,000 to $2,039,000 decreasing 5.8% for the reporting period. Ubs Group Ag cut its investment by selling 9 shares a decrease of 0.6% from 03/31/2017 to 06/30/2017. Ubs Group Ag currently owns 1,427 shares valued at $26,000. The value of the position overall is down by 7.1%.
Walthausen & Co., LLC reduced its position by shedding 4,282 shares a decrease of 0.5%. Walthausen & Co., LLC now holds 858,102 shares worth $15,403,000. The total value of its holdings decreased 9.3%. As of the end of the quarter Spark Investment Management LLC had disposed of 33,400 shares trimming its holdings by 19.0%. The value of the total investment in Ply Gem Holdings, Inc. went from $3,465,000 to $2,557,000 a change of $908,000 quarter over quarter.
In the market the company is trading unchanged by %% since yesterday’s close of 16.00. The stock last traded at $16.00 a bit higher than $15.74, the stock’s 50 day moving average and which is slightly below the 200 day moving average of $17.47. The 50 day moving average was up by +1.66% and the 200 day average went down $-1.47 or -8.41%.
The P/E ratio is 12.63 and the market value is 1.10B. As of the latest earnings report the EPS was $1.27 and is estimated to be $1.16 for the current year with 68,459,000 shares outstanding. Next quarter’s EPS is forecasted to be $0.27 and the next full year EPS is projected to be $1.50.
Ply Gem Holdings, Inc., launched on January 23, 2004, is a manufacturer of exterior building products in North America. The Company operates through two segments: Siding, Fencing, and Stone, and Windows and Doors. These segments produce a product line of vinyl siding, designer accents, cellular polyvinyl chloride (PVC) trim, vinyl fencing, vinyl railing, stone veneer, roofing, and vinyl windows and doors used in both the new construction market and the home repair and remodeling market in the United States and Canada. It includes a range of products for the residential and commercial construction, the do-it-yourself and the professional remodeling and renovation markets..