Graphic Packaging Holding Company (GPK) has risen sharply, recording gains of 3.09% in the past 4 weeks. However, the stock has corrected -1.66% in the past 1 week, providing a good buying opportunity on dips. Graphic Packaging Holding Company (GPK) : During the past 4 weeks, traders have been relatively bearish on Graphic Packaging Holding Company (GPK), hence the stock is down -3.43% 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 -2.26% relative to the S&P 500.
Graphic Packaging Holding Company (NYSE:GPK): The stock opened at $13.09 on Friday but the bulls could not build on the opening and the stock topped out at $13.13 for the day. The stock traded down to $13.01 during the day, due to lack of any buying support eventually closed down at $13.02 with a loss of -0.53% for the day. The stock had closed at $13.09 on the previous day. The total traded volume was 2,262,190 shares.
The stock has recorded a 20-day Moving Average of 2.02% and the 50-Day Moving Average is 0.19%. Graphic Packaging Holding Company has dropped 4.32% during the last 3-month period . Year-to-Date the stock performance stands at 2.27%.
Graphic Packaging Holding Company is a provider of paper-based packaging solutions to food, beverage and other consumer products companies. The Company operates in four geographic areas, which includes the United States/Canada, Central/South America, Europe and Asia Pacific. The Companys paperboard packaging includes the design, manufacture and installation of packaging machinery related to the assembly of cartons, as well as the production and sale of corrugated medium and kraft paper from paperboard mills in the United States. It includes a system of mills and plants that produce a range of paperboard grades convertible into folding cartons. The Company offers various laminated, coated and printed packaging structures that are produced from its coated unbleached kraft (CUK), coated-recycled board (CRB), as well as other grades of paperboard that are purchased from third-party suppliers.