Graphic Packaging Holding Company (GPK) : Traders are bullish on Graphic Packaging Holding Company (GPK) as it has outperformed the S&P 500 by a wide margin of 6.38% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.15%, 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 2.48% in the last 1 week, and is up 6.16% 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 3.97% and the fifty day Moving Average is 8.81%. Graphic Packaging Holding Company is up 6.95% in the last three month period. Year-to-Date the stock performance stands at 13.74%.
Graphic Packaging Holding Company (GPK) : The highest level Graphic Packaging Holding Company (GPK) is projected to reach is $16 for the short term and the lowest estimate is at $15. The consolidated price target from 5 rating analysts who initiate coverage on the stock is $15.18 and the possibility the share price can swing is $0.46.
Graphic Packaging Holding Company (NYSE:GPK): The stock was completely flat for the day, closing at $14.48 on Friday. The flat closing masks the intraday volatility in the stock. After opening at $14.48, the stock touched an intraday high of $14.63 and a low of $14.40. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $14.48. The total trading volume on Friday was 3,019,950.
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.