BPC Acquisition Corp (BERY) Shares are Up 3%

BPC Acquisition Corp (BERY) : Traders are bullish on BPC Acquisition Corp (BERY) as it has outperformed the S&P 500 by a wide margin of 9.79% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.68%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 3% in the last 1 week, and is up 9.56% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 5.7% and the fifty day Moving Average is 11.06%. Berry Plastics Group, Inc. is up 14.39% in the last three month period. Year-to-Date the stock performance stands at 24.16%.

BPC Acquisition Corp (BERY) : Average target price received by BPC Acquisition Corp (BERY) is $49.5 with an expected standard deviation of $4.51. The most aggressive target on the stock is $57, whereas the most downbeat target is $44. 6 financial analysts are currently covering the stock.


BPC Acquisition Corp (NYSE:BERY): On Fridays trading session , Opening price of the stock was $45.75 with an intraday high of $45.92. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $44.81. However, the stock managed to close at $44.92, a loss of 1.04% for the day. On the previous day, the stock had closed at $45.39. The total traded volume of the day was 2,145,750 shares.

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.

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