Company Shares of Sealed Air Corporation (NYSE:SEE) Rally 1.95%

Sealed Air Corporation (NYSE:SEE) has been under a strong bear grip, hence the stock is down -3.9% 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 0.66% in the past 1 week. The stock has risen by 1.95% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.35% in the past 4 weeks.

The company shares have dropped -10.93% from its 1 Year high price. On Aug 10, 2015, the shares registered one year high at $55.84 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $46.43 and the 200 Day Moving Average price is recorded at $45.74.

The stock has recorded a 20-day Moving Average of 1.44% and the 50-Day Moving Average is 0.64%.


Sealed Air Corporation (NYSE:SEE): stock turned positive on Friday. Though the stock opened at $46.35, the bulls momentum made the stock top out at $47.16 level for the day. The stock recorded a low of $46.21 and closed the trading day at $47.03, in the green by 2.93%. The total traded volume for the day was 1,803,860. The stock had closed at $45.69 in the previous days trading.

In an insider trading activity, The officer (Vice President), of Sealed Air Corp/De, Roper Ruth had unloaded 18,000 shares at $44.08 per share in a transaction on February 22, 2016. The total value of transaction was $793,440. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Companys segments include Food Care, which provides integrated system solutions for retailers and food service operators; Diversey Care, which provides integrated system solutions for food safety and security under Diversey brand; Product Care, which provides product care solutions to meet cushioning, void fill, positioning or block-and-bracing and surface protection, among others, and Other, which includes corporate, medical applications and new ventures businesses. Its brands include Cryovac packaging technology, Diversey and Taski brand cleaning and hygiene solutions, Bubble Wrap brand cushioning, Jiffy protective mailers and Instapak foam-in-place systems. In addition, the Company offers I-Pack system, which supports various pick stations, and e-Cube system, which is an automated packaging solution.

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