Containers and Packaging Stocks under Review -- Ball, Owens-Illinois, Packaging Corp. of America, Rock-Tenn, and Avery Dennison Editor Note: For more information about this release, please scroll to bottom
LONDON, August 29, 2014 /PRNewswire/ --
On Thursday, August 28, 2014, the NASDAQ Composite ended at 4,557.70, down 0.26%, the Dow Jones Industrial Average finished the day 0.25% lower at 17,079.57, and the S&P 500 closed at 1,996.74, down 0.17%. The losses were broad based as seven out of ten sectors ended the session in negative. The S&P 500 Materials Sector Index ended the day at 317.58, up 0.05%, and the index has advanced 0.15% in the last one month. Investor-Edge has initiated coverage on the following equities: Ball Corporation (NYSE: BLL), Owens-Illinois Inc. (NYSE: OI), Packaging Corporation of America (NYSE: PKG), Rock-Tenn Company (NYSE: RKT), and Avery Dennison Corporation (NYSE: AVY). Free research on these five companies can be accessed at:
On Thursday, Ball Corp.'s stock recorded a trading volume of 0.88 million shares, higher than its three months average volume of 0.79 million shares. The stock finished the day at $63.67, up 0.17%, and registered an intraday range of $63.02 and $63.95. Ball Corp.'s shares have advanced 1.21% in the last one month and 5.94% in the past three months. Also, the stock has surged 23.25% on YTD basis. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $62.85 is above its 200-day moving average of $56.36. Additionally, shares of Ball Corp. traded at a PE ratio of 17.52 and have a Relative Strength Index (RSI) of 57.24. Sign up and read the free notes on BLL at:
Owens-Illinois Inc.'s stock fell by 0.16%, to close Thursday's session at $31.04, after oscillating between $30.84 and $31.21. The stock recorded a trading volume of 0.66 million shares, below its three months average volume of 0.87 million shares. Over the last one month and past three months, Owens-Illinois Inc.'s shares have lost 5.34% and 5.68%, respectively. Also, from the beginning of 2014, the stock has plummeted 13.25%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $33.10 is above its 50-day moving average of $32.71. Further, Owens-Illinois Inc.'s stock traded at a PE ratio of 11.14 and has an RSI of 43.42. The complimentary notes on OI can be downloaded as in PDF format at:
On Thursday, shares in Packaging Corp of America finished the session 0.06% lower at $67.20. A total of 0.33 million shares were traded, which was below its three months average volume of 0.88 million shares. The stock moved between $66.78 and $67.38 during the session. Over the last one month and past three months, Packaging Corp of America's shares have fallen by 0.15% and 1.15%, respectively. However, the stock has gone up 6.19% since the start of this year. The company's shares are trading above their 200-day moving average. Moreover, the stock's 50-day moving average of $67.96 is greater than its 200-day moving average of $67.04. Shares of Packaging Corp of America traded at a PE ratio of 11.45 and have an RSI of 53.12. Register for free on Investor-Edge and access the latest research on PKG at:
Rock-Tenn Co.'s stock fluctuated between $47.65 and $48.39 before ending Thursday's session up 0.55%, at $48.26. The stock reported a trading volume of 0.59 million shares, below its three months average volume of 1.25 million shares. Further, Rock-Tenn Co.'s shares have lost 6.44% over the last one month and 3.48% over the past three months. Also, the stock has declined 8.08% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $50.50 is greater than its 50-day moving average of $49.85. Moreover, shares of Rock-Tenn Co. traded at a PE ratio of 12.82 and have an RSI of 44.91. The complete research on RKT is available for free at:
Avery Dennison Corp.'s stock advanced 0.44%, to close Thursday's session at $48.11, after vacillating between $47.68 and $48.16. The stock recorded a trading volume of 0.34 million shares, below its three months average volume of 0.69 million shares. Over the last one month, Avery Dennison Corp.'s shares have lost 1.72%. Also, over the past three months and from the beginning of 2014, the stock has fallen by 1.45% and 4.14%, respectively. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 50-day moving average of $49.55 is above its 200-day moving average of $49.49. Further, Avery Dennison Corp.'s stock traded at a PE ratio of 17.82 and has an RSI of 42.29. Free in depth research on AVY is available at:
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