Initiating Free Research Reports on Graphic Packaging Holding and Three Other Packaging & Containers Equities
Stock Research Monitor: IP, OI, and PKG
LONDON, UK / ACCESSWIRE / June 11, 2018 / If you want a free Stock Review on GPK sign up now at www.wallstequities.com/registration. Today’s research on WallStEquities.com is focused on the Packaging and Containers space, which encapsulates any business related to the manufacturing of containers or packaging services. The food and beverage and household products markets account for the largest portion of business in this industry. Under assessment this morning are these four stocks: Graphic Packaging Holding Co. (NYSE: GPK), International Paper Co. (NYSE: IP), Owens-Illinois Inc. (NYSE: OI), and Packaging Corp. of America (NYSE: PKG). All you have to do is sign up today for this free limited time offer by clicking the link below.
www.wallstequities.com/registration
Graphic Packaging Holding
Last Friday, shares in Atlanta, Georgia headquartered Graphic Packaging Holding Co. ended the session 0.47% lower at $14.70. The stock recorded a trading volume of 4.19 million shares, which was above its three months average volume of 3.36 million shares. The Company’s shares have advanced 5.98% in the last month and 12.47% over the past year. The stock is trading 1.55% below its 50-day moving average. Moreover, shares of Graphic Packaging, which together with its subsidiaries, provides paper-based packaging solutions to food, beverage, and other consumer products companies, have a Relative Strength Index (RSI) of 47.39.
On May 18th, 2018, research firm Jefferies initiated a ‘Buy’ rating on the Company’s stock.
On May 23rd, 2018, Graphic Packaging’s Board of Directors declared a quarterly dividend of $0.075 per share. The dividend is payable on July 05th, 2018, to shareholders of record at the close of business on June 15th, 2018. Get the full research report on GPK for free by clicking below at:
www.wallstequities.com/registration/?symbol=GPK
International Paper
Memphis, Tennessee headquartered International Paper Co.’s stock gained 0.34%, to close the day at $58.81. A total volume of 3.33 million shares was traded, which was above their three months average volume of 2.87 million shares. The Company’s shares have advanced 12.68% in the past month, 6.46% over the previous three months, and 9.58% over the past year. The stock is trading 9.79% and 4.31% above its 50-day and 200-day moving averages, respectively. Additionally, shares of International Paper, which operates as a paper and packaging company primarily in North America, Europe, Latin America, North Africa, India, and Russia, have an RSI of 69.84.
On May 24th, 2018, International Paper announced that Senior Vice President and CFO Glenn Landau will speak at the Vertical Research Partners Global Materials Conference on June 14th, 2018, at 9:30 a.m. ET in Westbrook, Connecticut. The live webcast of the presentation may be accessed by clicking on the “Presentations and Events” link found under “Performance” tab of the Company’s website.
On June 06th, 2018, research firm RBC Capital Markets upgraded the Company’s stock rating from ‘Sector Perform’ to ‘Outperform’. Gain free access to the research report on IP at:
www.wallstequities.com/registration/?symbol=IP
Owens-Illinois
Shares in Perrysburg, Ohio headquartered Owens-Illinois Inc. recorded a trading volume of 2.57 million shares at the close of the last trading session, which was above their three months average volume of 1.41 million shares. The stock ended the day 0.76% higher at $18.61. The Company’s shares are trading below their 50-day moving average by 6.96%. Furthermore, shares of Owens-Illinois, which through its subsidiaries, manufactures and sells glass containers to food and beverage manufacturers primarily in Europe, North America, Latin America, and Asia/Pacific, have an RSI of 42.59.
On May 16th, 2018, Owens-Illinois announced that the Company has finalized plans to cease production at its Atlanta, Georgia plant. The closure is expected to occur on or after July 18th, 2018. The Company intends to facilitate the closure in a respectful manner for the approximately 250 people impacted at the Atlanta plant. Current customers of the plant will be served by other domestic plants in the Company network. Signing up today on Wall St. Equities will give you access to the latest report on OI at:
www.wallstequities.com/registration/?symbol=OI
Packaging Corp. of America
Lake Forest, Illinois headquartered Packaging Corp. of America’s shares finished Friday’s session 0.30% lower at $122.64. A total volume of 735,253 shares was traded. The stock has advanced 6.23% in the last month, 2.32% in the previous three months, and 18.18% over the past year. The Company’s shares are trading above their 50-day and 200-day moving averages by 5.40% and 4.59%, respectively. Furthermore, shares of the Company, which manufactures and sells containerboard and corrugated packaging products primarily in the US, have an RSI of 63.48.
On May 15th, 2018, Packaging Corp. of America announced that it intends to increase the quarterly cash dividend on the Company’s common stock to an annual payout of $3.16 per share from $2.52 per share – a 25% increase. The first quarterly dividend of $0.79 per share will be paid on July 13th, 2018 to shareholders of record as of June 15th, 2018. Register now for today’s free coverage on PKG at:
www.wallstequities.com/registration/?symbol=PKG
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