Are Shares Of Packaging Corporation of America (PKG) Really Worth?

Packaging Corporation of America (PKG) has seen some recent action in the marketplace and its shares closed trading at $95.01 yesterday. Traders are starting to take interest of PKG as the shares traded as high as $96.43 and as low as $94.92 in the previous market trading day.

Packaging Corporation of America (PKG) average trading volume is 735.58K. However, in the previous market trading day Packaging Corporation of America (PKG) traded 696,816 shares. The First downside support level on PKG is $94.74 and the First upside resistance level on PKG is $111.82. PKG 50day moving average is $100.20 and PKG 200-day moving average is $96.04.

Packaging Corporation of America (PKG) most current performance has been shown by the recent movement in PKG shares. PKG has performed -1.35% over the past month, PKG has performed 1.30% over the past quarter and PKG has shown -5.46% over the past 12 months. Packaging Corporation of America (PKG) has a 12 month range of $71.05 to $114.78. Packaging Corporation of America (PKG) is trading 33.72% from its 12 month low and -17.22% from its 12 month high. Packaging Corporation of America (PKG) is indicating a 2.12% short float indicating the amount short in the float.

PKG has 93.90M shares outstanding and 93.29M shares in the float. Packaging Corporation of America (PKG) presently has a market cap of $9.21B and income of 510.40M. The EPS next quarter for PKG is 1.36 and forecasted EPS next year is 1.00%. The market cap of Packaging Corporation of America (PKG) at $9.21B signifies how many Traders own shares of PKG and is calculated off the last price ($95.01) of PKG and the amount of shares outstanding (93.90M) with Packaging Corporation of America (PKG).

Packaging Corporation of America (PKG) has total cash (mrq) of 856.3M, total cash per share (mrq) of 9.12, total debt of PKG stands at 2.74B and total debt/equity (mrq) is 86.86. . Packaging Corporation of America (PKG) .

PKG is trading -5.80% below (bearish) its SMA20, -6.00% below (bearish) its SMA50 and -5.49% below (bearish) its SMA200.

Related Articles

Zebra (NASDAQ: ZBRA) And XMReality Inks Partnership Agreement

Zebra Technologies Corporation (NASDAQ: ZBRA) and XMReality publicized that the two have signed an agreement to work together and collaborate on ideas that offer...

Elanco (NYSE: ELAN) Launch Public Offering Of Common Stock

Elanco Animal Health Inc. (NYSE: ELAN) shares that it is planning to commence the public offering of 54,500,000 shares of common stock. It will...

Jacobs (NYSE: J) Partners with PA Consulting

Jacobs Engineering Group, Inc. (NYSE: J), a famous construction company announced that it will be collaborating with PA Consulting. The firm has purchased an...

Get in Touch

19,000FansLike
35,222FollowersFollow
22,458FollowersFollow

Latest Posts

Zebra (NASDAQ: ZBRA) And XMReality Inks Partnership Agreement

Zebra Technologies Corporation (NASDAQ: ZBRA) and XMReality publicized that the two have signed an agreement to work together and collaborate on ideas that offer...

Elanco (NYSE: ELAN) Launch Public Offering Of Common Stock

Elanco Animal Health Inc. (NYSE: ELAN) shares that it is planning to commence the public offering of 54,500,000 shares of common stock. It will...

Jacobs (NYSE: J) Partners with PA Consulting

Jacobs Engineering Group, Inc. (NYSE: J), a famous construction company announced that it will be collaborating with PA Consulting. The firm has purchased an...

Fuwei (NASDAQ: FFHL) Plans To Sell Dornier Production Line

Fuwei Films (Holdings) Co., Ltd. (NASDAQ: FFHL) recently declared that it will be closing its Dornier line of production as early as possible. Fuwei...

PPG Industries (NYSE: PPG) Announces Accquisition Of Ennis-Flint

PPG Industries, Inc. (NYSE: PPG) is planning to buy Ennis-Flint in a deal valued at nearly $1.15 billion. The decision to acquire Ennis-Flint will...