Sealed Air Corporation (SEE): $2.06 million was the positive money flow into the stock on Wednesday and the up/down ratio of ticks was also in favor of the bulls at 1.37. The value of trades done on upticks was $7.59 million, whereas, trades done on downticks were valued at $5.54 million. Money flows are calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades. large traders, also sometimes called as the smart money, block traded $3.82 million worth stocks on upticks, which is a bullish indication. The downticks accounted only for $1.95 million worth of block trades showing a lack of interest among the large traders to sell the stock down. The up/down ratio of 1.95 was strongly in favor of the bulls. The money flow in block trades was $1.86 million. Sealed Air Corporation (SEE) fell $0.03 traded at $46.24, a change of -0.06% over the previous day. The stock is -0.73% for the week.
Shares of Sealed Air Corporation appreciated by 0.78% during the last five trading days but lost 0.89% on a 4-week basis. Sealed Air Corporation is up 3.43% in the last 3-month period. Year-to-Date the stock performance stands at 5.32%.
Sealed Air Corporation (SEE) : 4 brokerage houses believe that Sealed Air Corporation (SEE) is a Strong Buy at current levels. 4 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Sealed Air Corporation (SEE). Zacks Investment Research suggests a Hold with a rank of 3. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 2.33.
Sealed Air Corporation (NYSE:SEE): The stock opened at $46.38 and touched an intraday high of $46.7 on Wednesday. During the day, the stock corrected to an intraday low of $46.09, however, the bulls stepped in and pushed the price higher to close in the green at $46.52 with a gain of 0.54% for the day. The total traded volume for the day was 1,222,285. The stock had closed at $46.27 in the previous trading session.
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.