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 Equities.com’s Stock Valuation Analysis report for PKG. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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