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After Yesterday's Decline of 1.88%, Graphic Packaging Holding Offers Investors Better Value

By James Quinn

Graphic Packaging Holding (NYSE:GPK) traded in a range yesterday that spanned from a low of $13.29 to a high of $13.62. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $13.57 on volume of 2.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

In the past 52 weeks, shares of Graphic Packaging Holding have traded between a low of $10.71 and a high of $15.28 and are now at $13.31, which is 24% above that low price. The 200-day and 50-day moving averages have moved 0.28% lower and 0.81% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Graphic Packaging Holding and will alert subscribers who have GPK in their portfolio or watchlist when shares have changed trend direction.

Keywords: rebounders graphic packaging holding

Ticker(s): GPK