Packaging Corp of America (PKG) is Trading Lower on Unusual Volume for December 21

Equities Staff |

Packaging Corp of America (PKG) experienced unusually high volume on Dec. 21, as the stock lost 3.39% to a closing price of $59.86. The stock saw 2.45 million shares trade hands over the course of the day on 16,268 trades. Given that the stock’s average daily volume over the last month has been 747,321 shares a day, this represents a pretty substantial spike over the norm.

Packaging Corp of America has a P/B ratio of 3.6. It also has a P/E ratio of 13.6. The stock has traded between $84.88 and $58.29 over the last 52-weeks, its 50-day SMA is now $66.64, and its 200-day SMA $68.17.

Packaging Corp of America is a producer of container board and corrugated products in the United States. The Company also produces multi-color boxes and displays, as well as meat boxes and wax-coated boxes for the agricultural industry.

Headquartered in Lake Forest, IL, Packaging Corp of America has 14,000 employees and is currently under the leadership of CEO Mark W. Kowlzan.

For a complete fundamental analysis analysis of Packaging Corp of America, check out’s Stock Valuation Analysis report for PKG. To see the latest independent stock recommendations from’s analysts, visit our Research section.


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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:


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