A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant gain of 4.89% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 18.27%. Over the past 30 days, the price of PKG has leaped by -7.49%. And in the last five days, it has fallen by -4.84%.
Packaging Corp Of America ‘s stock market performance has been somewhat predictable. The company’s stock reached a 1-year high price of $191.27 on 04/09/24, while the lowest value for the same period was recorded at $122.20 on 06/01/23.
52-week price history of PKG Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Packaging Corp Of America’s current trading price is -10.66% away from its 52-week high, while its distance from the 52-week low is 39.84%. The stock’s price range during this period has varied between$122.20 and $191.27. The Packaging Corp Of America’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 1.44 million for the day, a figure considerably higher than their average daily volume of 0.7 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Packaging Corp Of America (PKG) has experienced a quarterly rise of 2.64% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 15.31B and boasts a workforce of 14900 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 173.26, with a change in price of +12.74. Similarly, Packaging Corp Of America recorded 698,789 in trading volume during the last 100 days, posting a change of +8.06%.
PKG’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for PKG stands at 0.79. Similarly, the long-term debt-to-equity ratio is also 0.67.
PKG Stock Stochastic Average
Packaging Corp Of America’s raw stochastic average for the past 50 days is presently 26.11%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 8.44%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 15.82% and 13.33%, respectively.
