Shares of Graphic Packaging Holding Company (GPK) Have Risen Above Previous 52-Week High

September 3, 2021 10:32:53

Graphic Packaging Holding Company (NYSE:GPK) traded today at a new 52-week high of $20.88. So far today approximately 305,000 shares have been exchanged, as compared to an average 30-day volume of 3.1 million shares.

Graphic Packaging Holding Co is a holding company that manufactures and sells a variety of paper-based consumer packaging products through its subsidiaries. The company’s two primary functions include the sale of paperboard packaging and the operation of paperboard mills. The paperboard packaging business includes packaging for beverages, including beer and soft drinks as well as food, including cereal, frozen foods, and pet foods. The firm also sells paperboard packaging for household products, including dishwasher and laundry detergent and personal care products. Graphic Packaging operates papermills that sell laminated and coated packaging products to third parties. The majority of revenue comes from the Americas.

Graphic Packaging Holding Company (NYSE:GPK) is currently priced 21.8% above its average consensus analyst price target of $16.18.

In the past 52 weeks, shares of Graphic Packaging Holding Company have traded between a low of $13.13 and a high of $20.88 and is now at $20.69, which is 58% above that low price.

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