Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate GFL Environmental Inc before investing.

In this article, we go over a few key elements for understanding GFL Environmental Inc’s stock price such as:

• GFL Environmental Inc’s current stock price and volume
• Why GFL Environmental Inc’s stock price changed recently
• Upgrades and downgrades for GFL from analysts
• GFL’s stock price momentum as measured by its relative strength

About GFL Environmental Inc (GFL)

Before we jump into GFL Environmental Inc’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

GFL Environmental Inc. is a Canada-based diversified environmental services company. The Company is engaged in providing non-hazardous solid waste management, infrastructure and soil remediation services and liquid waste management services. Its segments include Solid waste, which includes landfill, material recovery facilities, and Environmental Services, which includes liquid waste management and soil remediation services. Its service range includes residential waste collection, commercial waste collection, industrial cleaning services, dumpster rental services, liquid and hazardous waste and soil remediation services. It offers commercial, institutional, and industrial customers a range of environmentally hazardous waste handling services from onsite packaging, container supply, and transportation, to licensed disposal or recycling. It owns, operates, and manages solid and liquid waste disposal, transfer and recycling facilities across North America.

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GFL Environmental Inc’s Stock Price as of Market Close

As of June 07, 2024, 4:00 PM, CST, GFL Environmental Inc’s stock price was $36.42.

GFL Environmental Inc is down 5.77% from its previous closing price of $38.65.

During the last market session, GFL Environmental Inc’s stock traded between $36.13 and $38.67. Currently, there are 372.99 million shares of GFL Environmental Inc stock available for purchase.

Unfortunately, GFL Environmental Inc’s P/E ratio is not significant enough to use for stock price evaluation. We recommend investors evaluate other financial metrics to understand its overall valuation.

GFL Environmental Inc Stock Price History

GFL Environmental Inc’s (GFL) price is currently up 15.73% so far this month.

During the month of June, GFL Environmental Inc’s stock price has reached a high of $40.27 and a low of $32.55.

Over the last year, GFL Environmental Inc has hit prices as high as $40.27 and as low as $26.87. Year to date, GFL Environmental Inc’s stock is up 24.6%.

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What Caused GFL Environmental Inc Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 06, 2024, there were 8 analysts who downgraded GFL Environmental Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate GFL Environmental Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on GFL Environmental Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

GFL Environmental Inc’s current valuation based on AAII’s Value Grade is a D, which means it is considered to be Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about GFL Environmental Inc (GFL) by visiting AAII Stock Evaluator.

Relative Price Strength of GFL Environmental Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 06, 2024, GFL Environmental Inc has a weighted four-quarter relative price strength of -1.76%, which translates to a Momentum Score of 66 and is considered to be Strong.

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GFL Environmental Inc Stock Price: Bottom Line

As of June 7, 2024, GFL Environmental Inc’s stock price is $36.42, which is down 5.77% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like GFL Environmental Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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