Magnera Corp traded at $12.64 this Friday November 13th, decreasing $0.33 or 2.54 percent since the previous trading session. Looking back, over the last four weeks, Magnera lost 19.36 percent. Over the last 12 months, its price rose by 44.46 percent. Looking ahead, we forecast Magnera Corp to be priced at 12.36 by the end of this quarter and at 11.54 in one year, according to Trading Economics global macro models projections and analysts expectations.
Magnera Corp, formerly Glatfelter Corporation, is a supplier of fiber-based engineered materials. The Company operates through segments such as Composite Fibers and Airlaid Materials. Its Composite Fibers business unit is engaged in the sale of single-serve tea and coffee filtration papers, wallcovering base materials, composite laminate papers, technical specialties including substrates for electrical applications, and metallized products. Its Airlaid Materials is engaged in the sale of airlaid nonwoven fabric-like materials used in feminine hygiene products, adult incontinence products, tabletop, specialty wipes, home care products and other airlaid applications.