Sealed Air Corporation (SEE) Shares are Up 0.32%

Sealed Air Corporation (SEE) has been under a strong bear grip, hence the stock is down -5.4% 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 0.27% in the past 1 week. The stock has risen by 0.32% in the past week indicating that the buyers are active at lower levels, but the stock is down -4.42% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.79% and the 50-Day Moving Average is 0.3%. Sealed Air Corporation (NYSE:SEE): On Fridays trading session , Opening price of the stock was $47.13 with an intraday high of $47.42. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $46.62. However, the stock managed to close at $46.91, a loss of 0.51% for the day. On the previous day, the stock had closed at $47.15. The total traded volume of the day was 1,393,191 shares.


The company Insiders own 0.86% of Sealed Air Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -0.47% . Institutional Investors own 88.96% of Sealed Air Corporation shares. During last six month period, the net percent change held by insiders has seen a change of -0.47%. Also, Equity Analysts at the Brokerage Firm, Jefferies, maintains their rating on the shares of Sealed Air Corporation (NYSE:SEE). Jefferies has a Hold rating on the shares. As per the latest research report, the brokerage house lowers the price target to $50 per share from a prior target of $52. The rating by the firm was issued on July 29, 2016.

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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