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33.6% Return Seen to Date on SmarTrend Veritiv Corp Call (VRTV)

By Nick Russo

SmarTrend identified a Downtrend for Veritiv Corp (NYSE:VRTV) on February 28th, 2019 at $29.75. In approximately 3 months, Veritiv Corp has returned 33.61% as of today's recent price of $19.75.

Veritiv Corp share prices have moved between a 52-week high of $51.00 and the current low of $19.75 and are currently at $19.75 per share. Over the past week, the 200-day moving average (MA) has gone down 1.2% while the 50-day MA has declined 2.3%.

Veritiv Corporation operates as a business-to-business distributor of packaging, facility solutions, print, and publishing products and services in the United States, Canada, and internationally. It operates through four segments: Packaging, Facility Solutions, Print, and Publishing. The Packaging segment offers standard and custom packaging solutions.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Veritiv Corp.

Log in and add Veritiv Corp (VRTV) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights veritiv corp

Ticker(s): VRTV