Shares of Graphic Packaging Holding Company (GPK) Sees Large Outflow of Money

Graphic Packaging Holding Company (GPK) : The value of composite uptick trades was $4.51 million, whereas, the value of composite downtick trades was $9.48 million. The uptick to downtick ratio stood at 0.48 with a negative money flow of ($4.97) Million during Thursdays trading session. The block trades money flow was negative ($4.11 million).The uptick to the downtick ratio of 0.04 in block trades signals that the large investors have utilized the rise in the stock to sell.The uptick transaction value stood at $0.15 million. The transaction of the trades on downticks amounted to $4.26 million, which confirms investors selling on the strength of price. Graphic Packaging Holding Company (GPK) gained 13 cents at $13.22, an increase of 0.99% over the previous days close.


The stock has recorded a 20-day Moving Average of 4.3% and the 50-Day Moving Average is 2.05%. Shares have dropped -11.81% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $15.28 and the one year low was seen on Jan 28, 2016. The 50-Day Moving Average price is $12.94 and the 200 Day Moving Average price is recorded at $12.62.

Graphic Packaging Holding Company (NYSE:GPK): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.16 and $13.07 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.26. The buying momentum continued till the end and the stock did not give up its gains. It closed at $13.22, notching a gain of 0.99% for the day. The total traded volume was 3,340,420 . The stock had closed at $13.09 on the previous day.

In an insider trading activity, The Securities and Exchange Commission has divulged that Scheible David W, director officer (Chairman) of Graphic Packaging Holding Co, had unloaded 150,000 shares at an average price of $13.24 in a transaction dated on May 13, 2016. The total value of the transaction was worth $1,986,000.

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.

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