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Shares of GPK Down 23.6% Since Downtrend Call on Shares

By James Quinn

SmarTrend identified a Downtrend for Graphic Packagin (NYSE:GPK) on February 6th, 2018 at $15.17. In approximately 9 months, Graphic Packagin has returned 23.57% as of today's recent price of $11.60.

In the past 52 weeks, Graphic Packagin share prices have been bracketed by a low of $10.04 and a high of $16.74 and are now at $11.60, 15% above that low price. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 1.6%.

Graphic Packaging Holding Company is an integrated provider of paperboard and integrated paperboard packaging solutions to multinational beverage and consumer products companies. The Company manufactures folding cartons for frozen and non-frozen food and beverage products.

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

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

Keywords: spotlights graphic packagin

Ticker(s): GPK