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

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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.

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