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Veritiv Corp Has Returned 44.8% Since SmarTrend Recommendation (VRTV)

By Shiri Gupta

SmarTrend identified a Downtrend for Veritiv Corp (NYSE:VRTV) on February 28th, 2019 at $29.75. In approximately 6 months, Veritiv Corp has returned 44.84% as of today's recent price of $16.41.

In the past 52 weeks, Veritiv Corp share prices have been bracketed by a low of $14.11 and a high of $51.00 and are now at $16.41, 16% above that low price. The 200-day and 50-day moving averages have moved 0.69% lower and 0.33% lower over the past week, respectively.

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