Containers & Packaging Stocks in Motion -- Research on Sealed Air, Graphic Packaging, MeadWestvaco, and Crown Holdings Editor Note: For more information about this release, please scroll to bottom.
NEW YORK, April 7, 2014 /PRNewswire/ --
On Friday, April 04, 2014, the NASDAQ Composite ended at 4,127.73, down 2.60%, the Dow Jones Industrial Average declined 0.96% to 16,412.71, and the S&P 500 closed at 1,865.09, down 1.25%. The losses were broad based as nine out of 10 sectors ended the session in negative. The S&P 500 Materials Sector Index finished the day at 298.58, down 1.30%, and has fallen by 0.77% in the last one month. Investor-Edge has initiated coverage on the following equities: Sealed Air Corp. (NYSE: SEE), Graphic Packaging Holding Co. (NYSE: GPK), MeadWestvaco Corp. (NYSE: MWV) and Crown Holdings Inc. (NYSE: CCK). Free technical research on SEE, GPK, MWV and CCK can be downloaded upon signing up at:
Sealed Air Corp.'s stock recorded a trading volume of 1.72 million shares on Friday, as compared with its three month average volume of 1.68 million shares. The stock ended the day at $32.38, down 2.32%, after trading between $32.21 and $33.63. The company's shares have lost 6.39% in the last one month and 4.90% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Sealed Air Corp.'s 50-day moving average of $32.37 is above its 200-day moving average of $30.25. Furthermore, shares of the company are trading at a PE ratio of 27.50 and have a Relative Strength Index (RSI) of 48.27. Sign up today to read free research on SEE at:
On Friday, shares in Graphic Packaging Holding Co. edged 2.13% lower to close the day at $10.09. A total of 2.77 million shares were traded which is below its three months average volume of 2.89 million shares. The company's shares oscillated between $10.06 and $10.44 during the trading session. Shares in Graphic Packaging Holding Co. have surged 9.32% in the previous three months and 5.10% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Graphic Packaging Holding Co.'s 50-day moving average of $10.06 is above its 200-day moving average of $9.02. Further, the company's shares are trading at a PE ratio of 18.64 and have an RSI of 48.86. Sign up today to read free research on GPK at:
MeadWestvaco Corp.'s stock declined 0.83% on Friday, finishing the session at $38.35, after hitting a new 52-week high of $38.89. The stock recorded a trading volume of 1.28 million shares as compared with its three months average volume of 1.60 million shares. The stock fluctuated between $38.12 and $38.89 during the session. Shares in MeadWestvaco Corp. have advanced 1.91% in the last one month, 9.58% in the previous three months and 6.91% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. MeadWestvaco Corp.'s 50-day moving average of $36.36 is above its 200-day moving average of $35.57. Additionally, the company's shares are trading at a PE ratio of 29.30 and have an RSI of 65.21. Sign up today to read free research on MWV at:
On Friday, Crown Holdings Inc.'s stock witnessed a trading volume of 0.53 million shares, as compared with its three month average volume of 1.28 million shares. The stock ended the day at $45.32, down 0.42%, after hitting a new 52-week high of $46.04. The stock vacillated between $45.08 and $46.04 during the session. Shares in Crown Holdings Inc. have gained 1.68% in the last one month, 2.23% in the previous three months and 1.68% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Crown Holdings Inc.'s 50-day moving average of $43.58 is above its 200-day moving average of $43.27. Moreover, the company's shares are trading at a PE ratio of 15.19 and have an RSI of 60.31. Sign up today to read free research on CCK at:
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