BPC Acquisition Corp (BERY) has been under a strong bear grip, hence the stock is down -0.17% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.09% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.51% in the last 1 week, and is up 2.31% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
BPC Acquisition Corp (NYSE:BERY): The stock opened at $41.82 on Friday but the bulls could not build on the opening and the stock topped out at $41.84 for the day. The stock traded down to $41.09 during the day, due to lack of any buying support eventually closed down at $41.21 with a loss of -0.39% for the day. The stock had closed at $41.37 on the previous day. The total traded volume was 1,410,974 shares.
The stock has recorded a 20-day Moving Average of 1.55% and the 50-Day Moving Average is 5.13%. Berry Plastics Group, Inc. is up 13.65% in the last 3-month period. Year-to-Date the stock performance stands at 13.9%.
BPC Acquisition Corp (BERY) : Currently there are 6 street experts covering BPC Acquisition Corp (BERY) stock. The most bullish and bearish price target for the stock is $46 and $42 respectively for the short term. The average price target of all the analysts comes to $43.83. The estimated standard deviation from the target is $1.72.
Berry Plastics Group, Inc. is engaged in providing plastic consumer packaging and engineered materials. The Companys products include drink cups, thin-wall containers, bottles, specialty closures, prescription vials, specialty films, adhesives and corrosion protection materials. The Company operates in four operating segments: Rigid Open Top and Rigid Closed Top, which sells primarily containers, foodservice items, closures, overcaps, bottles, prescription containers, and tubes; Engineered Materials, which sells pipeline corrosion protection solutions, tapes and adhesives, PE (polyethylene)-based film products and can liners; and Flexible Packaging, which sells high barrier, multilayer film products as well as finished flexible packages such as printed bags and pouches. The Company sells its solutions into consumer-oriented end-markets, such as food and beverage, healthcare and personal care.