Crown Holdings (CCK) Shares are Up 5.22%

Crown Holdings (CCK) : Traders are bullish on Crown Holdings (CCK) as it has outperformed the S&P 500 by a wide margin of 4.68% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 5.04%, 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 5.22% in the last 1 week, and is up 4.12% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 4.1% and the 50-Day Moving Average is 5.52%.The 200 Day SMA reached 12.12%

Crown

Crown Holdings (NYSE:CCK): After opening at $57, the stock dipped to an intraday low of $56.51 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $57.46 and the buying power remained strong till the end. The stock closed at $57.09 for the day, a gain of 0.72% for the day session. The total traded volume was 1,292,767. The stocks close on the previous trading day was $57.09.

Crown Holdings (CCK) : 8 investment research analysts covering Crown Holdings (CCK) have an average price target of $61.88 for the near short term. The highest target price given by the Brokerage Firm to the stock is $65 and the lowest target is $58 for the short term. Analysts expect the variance to be within $2.9 of the average price.

Crown Holdings, Inc. is engaged in design, manufacture and sale of packaging products for consumer goods. The Companys business is organized within three divisions, Americas, Europe and Asia Pacific. Within each Division, the Company is organized along product lines. Within the Americas Division, the Company operates Americas Beverage and North America Food. Within the European Division, the Company operates European Beverage and European Food. The Companys Asia Pacific Division consists of beverage can operations and also includes the Companys non-beverage can operations, such as food cans and specialty packaging. The Company also operates European aerosol and specialty packaging business, its North American aerosol can business and its tooling and equipment operations in the United States and United Kingdom. The Companys products include steel and aluminum cans for food, beverage, household and other consumer products, and metal vacuum closures and caps.

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