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Packaging Corp Of America (PKG) Showing Signs Of Perilous Reversal Today

Trade-Ideas LLC identified Packaging Corp of America ( PKG) as a "perilous reversal" (up big yesterday but down big today) candidate. In addition to specific proprietary factors, Trade-Ideas identified Packaging Corp of America as such a stock due to the following factors:

  • PKG has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $62.5 million.
  • PKG has traded 115,013 shares today.
  • PKG is down 3.2% today.
  • PKG was up 7.2% yesterday.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in PKG with the Ticky from Trade-Ideas. See the FREE profile for PKG NOW at Trade-Ideas More details on PKG: Packaging Corporation of America manufactures and sells containerboard and corrugated packaging products in the United States, Europe, Mexico, and Canada. The stock currently has a dividend yield of 3.4%. PKG has a PE ratio of 16. Currently there are 7 analysts that rate Packaging Corp of America a buy, no analysts rate it a sell, and 5 rate it a hold. The average volume for Packaging Corp of America has been 934,500 shares per day over the past 30 days. Packaging Corp of America has a market cap of $6.4 billion and is part of the consumer goods sector and consumer non-durables industry. The stock has a beta...