On Tuesday, Ranpak Holdings Corp (NYSE: PACK) opened lower -4.71% from the last session, before settling in for the closing price of $6.58. Price fluctuations for PACK have ranged from $4.30 to $9.04 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 6.86%. Company’s average yearly earnings per share was noted 52.90% at the time writing. With a float of $75.71 million, this company’s outstanding shares have now reached $80.31 million.
The extent of productivity of a business whose workforce counts for 800 workers is very important to gauge. In terms of profitability, gross margin is 29.97%, operating margin of -5.31%, and the pretax margin is -6.63%.
Ranpak Holdings Corp (PACK) Insider Updates
A key investor’s attitude towards the stock of the Packaging & Containers industry is another important factor to consider. The insider ownership of Ranpak Holdings Corp is 12.51%, while institutional ownership is 82.04%. The most recent insider transaction that took place on May 30 ’24, was worth 100,156. In this transaction Director of this company sold 15,625 shares at a rate of $6.41, taking the stock ownership to the 214,859 shares.
Ranpak Holdings Corp (PACK) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 52.90% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 36.54% during the next five years compared to -22.05% drop over the previous five years of trading.
Ranpak Holdings Corp (NYSE: PACK) Trading Performance Indicators
Check out the current performance indicators for Ranpak Holdings Corp (PACK). In the past quarter, the stock posted a quick ratio of 2.01. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.48. Likewise, its price to free cash flow for the trailing twelve months is 30.13.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.24, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.16 in one year’s time.
Technical Analysis of Ranpak Holdings Corp (PACK)
The latest stats from [Ranpak Holdings Corp, PACK] show that its last 5-days average volume of 0.5 million was inferior to 0.74 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 4.43%. Additionally, its Average True Range was 0.36.
During the past 100 days, Ranpak Holdings Corp’s (PACK) raw stochastic average was set at 18.59%, which indicates a significant increase from 1.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.61% in the past 14 days, which was lower than the 73.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.94, while its 200-day Moving Average is $6.77. Now, the first resistance to watch is $6.44. This is followed by the second major resistance level at $6.62. The third major resistance level sits at $6.72. If the price goes on to break the first support level at $6.17, it is likely to go to the next support level at $6.07. Assuming the price breaks the second support level, the third support level stands at $5.89.
Ranpak Holdings Corp (NYSE: PACK) Key Stats
There are currently 83,257K shares outstanding in the company with a market cap of 524.23 million. Presently, the company’s annual sales total 336,300 K according to its annual income of -27,100 K. Last quarter, the company’s sales amounted to 92,200 K and its income totaled -8,100 K.
