Active Equities to Watch in the Containers and Packaging Industry - Owens-Illinois, Ball Corp., Rock-Tenn, Avery Dennison, and Packaging Corp. of America
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LONDON, October 14, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Owens-Illinois Inc. (NYSE: OI), Ball Corporation (NYSE: BLL), Rock-Tenn Company (NYSE: RKT), Avery Dennison Corporation (NYSE: AVY), and Packaging Corporation of America (NYSE: PKG). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Monday, October 13, 2014, the NASDAQ Composite ended at 4,213.66, down 1.46%, the Dow Jones Industrial Average declined 1.35%, to finish the day at 16,321.07, and the S&P 500 closed at 1,874.74, down 1.65%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Materials Sector Index ended the day at 284.05, down 2.62%, with the index also declining 6.53% in the previous three trading sessions. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
On Monday, shares in Owens-Illinois Inc. traded between $24.03 and $24.76 before ending the session 3.18% lower at $24.06. The stock reported a trading volume of 2.30 million shares, above its three months average volume of 1.19 million shares. Shares of the company traded at a PE ratio of 8.64. Owens-Illinois Inc.'s shares have declined 8.48% in the previous three trading sessions, 23.67% in the last one month and 32.76% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $29.48 and $32.35, respectively. Moreover, shares of Owens-Illinois Inc. have a Relative Strength Index (RSI) of 19.91. Sign up and read the free notes on OI at:
www.Investor-Edge.com/OI-14Oct2014
Ball Corp.'s stock declined 1.29%, to close the day at $61.81. The stock recorded a trading volume of 1.38 million shares, above its three months average volume of 0.83 million shares. The stock oscillated between $61.79 and $63.29 during the session. Over the last three trading sessions and over the past three months, Ball Corp.'s shares have fallen by 3.18% and 2.00%, respectively. However, the stock has surged 19.65% since the start of this year. The company's stock is trading above its 200-day moving average of $58.55, while the 200-day moving average is below Ball Corp. stock's 50-day moving average of $63.77. Additionally, Ball Corp. traded at a PE ratio of 17.01 and has an RSI of 42.77. The complimentary notes on BLL can be downloaded as in PDF format at:
www.Investor-Edge.com/BLL-14Oct2014
On Monday, shares in Rock-Tenn Co. recorded a trading volume of 0.93 million shares, lower than its three months average volume of 1.31 million shares. The stock ended the day at $44.48, which was 2.33% below its previous day's closing of $45.54, and registered an intraday range of $44.46 and $46.07. Shares of the company traded at a PE ratio of 11.82. Rock-Tenn Co.'s shares have lost 6.81% in the previous three trading sessions, 11.76% in the last three months and 15.28% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $48.87 and $50.64, respectively. Furthermore, shares of Rock-Tenn Co. have an RSI of 31.81. Register for free on Investor-Edge and access the latest research on RKT at:
www.Investor-Edge.com/RKT-14Oct2014
Avery Dennison Corp.'s stock declined 1.62%, to close Monday's session at $41.28, after oscillating between $41.26 and $42.39. The stock recorded a trading volume of 1.01 million shares, above its three months average volume of 0.81 million shares. Over the previous three trading sessions and the last one month, Avery Dennison Corp.'s shares have lost 5.26% and 14.46%, respectively. Additionally, from the beginning of 2014, the stock has declined 17.75%. The company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $49.15 is above its 50-day moving average of $47.09. Further, Avery Dennison Corp.'s stock traded at a PE ratio of 15.29 and has an RSI of 21.24. The complete research on AVY is available for free at:
www.Investor-Edge.com/AVY-14Oct2014
Packaging Corp. of America's stock finished Monday's session 3.19% lower at $58.82. A total of 1.36 million shares were traded, which was above its three months average volume of 1.07 million shares. The stock moved between $58.79 and $60.88 during the session. Packaging Corp. of America's stock has declined 7.69% in the previous three trading sessions and 13.16% in the last one month. Further, from the beginning of 2014, the stock has lost 7.05%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $67.74 is greater than its 50-day moving average of $66.02. Packaging Corp. of America's stock traded at a PE ratio of 9.99 and has an RSI of 32.24. Free in depth research on PKG is available at:
www.Investor-Edge.com/PKG-14Oct2014
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