Company Shares of International Paper Company (NYSE:IP) Rally 0.09%

International Paper Company (NYSE:IP) : During the past 4 weeks, traders have been relatively bearish on International Paper Company (NYSE:IP), hence the stock is down -2.57% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.17% relative to the S&P 500. The stock has risen by 0.09% in the past week indicating that the buyers are active at lower levels, but the stock is down -1% in the past 4 weeks.

The company shares have dropped -10.56% from its 1 Year high price. On Jul 22, 2015, the shares registered one year high at $49.49 and the one year low was seen on Jan 25, 2016. The 50-Day Moving Average price is $42.13 and the 200 Day Moving Average price is recorded at $39.47.

The stock has recorded a 20-day Moving Average of 1.82% and the 50-Day Moving Average is 1.8%.


International Paper Company (NYSE:IP): stock turned positive on Friday. Though the stock opened at $42.27, the bulls momentum made the stock top out at $42.86 level for the day. The stock recorded a low of $42.195 and closed the trading day at $42.75, in the green by 2.03%. The total traded volume for the day was 2,274,513. The stock had closed at $41.9 in the previous days trading.

In an insider trading activity, The officer (SVP & Pres., IP Latin America), of International Paper Co /New/, Landau Glenn R had unloaded 10,000 shares at $43.28 per share in a transaction on June 10, 2016. The total value of transaction was $432,800. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

International Paper Company is a paper and packaging company with primary markets and manufacturing operations in North America, Europe, Latin America, Russia, Asia, Africa and the Middle East. The Company operates in three segments: Industrial Packaging, Printing Papers and Consumer Packaging. Industrial Packaging segments products include linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft. Printing Papers segment products include uncoated papers, which engage in the business of producing papers for use in copiers, desktop and laser printers and pulp, which manufactures printing, writing and specialty papers, tissue products and filtration products. Consumer Packagings coated paperboard business produces coated paperboard for packaging and commercial printing end uses. Its foodservice business produces cups, lids, food containers and plates. Its brands include Hammermill, Springhill, Accent, Ballet, Rey, Pol, Everest, Fortress and Carolina.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *