Momentum Indicators for Containers and Packaging Equities -- Research on Crown Holdings, Graphic Packaging Holding, Sealed Air, and MeadWestvaco
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LONDON, May 29, 2014 /PRNewswire/ --
On Wednesday, May 28, 2014, the NASDAQ Composite ended at 4,225.08, down 0.28%, the Dow Jones Industrial Average finished the day 0.25% lower at 16,633.18, and the S&P 500 closed at 1,909.78, down 0.11%. During the trading session, five out of ten sectors ended in positive. The S&P 500 Materials Sector Index ended the day at 305.91, up 0.04%, with the index also advancing 3.39% in the previous one month. Investor-Edge has initiated coverage on the following equities: Crown Holdings Inc. (NYSE: CCK), Graphic Packaging Holding Company (NYSE: GPK), Sealed Air Corporation (NYSE: SEE) and MeadWestvaco Corporation (NYSE: MWV). Free technical research on CCK, GPK, SEE and MWV can be downloaded upon signing up at:
http://www.investor-edge.com/3160-register
On Wednesday, Crown Holdings Inc.'s stock traded between $48.48 and $48.83 before ending the session 0.31% lower at $48.50. Crown Holdings Inc.'s stock reported a trading volume of 0.72 million shares, below its three months average volume of 1.17 million shares. Crown Holdings Inc.'s shares have advanced 2.19% in the last one month and 7.73% in the previous three months. Additionally, from the beginning of 2014, the stock has gained an upside of 8.82%. The stock is trading above its 50-day and 200-day moving averages of $46.40 and $44.04, respectively. Moreover, shares of the company traded at a PE ratio of 14.92 and have a Relative Strength Index (RSI) of 61.52. Sign up today to read free research on CCK at:
http://www.investor-edge.com/3160-CCK-29May2014.pdf
Shares in Graphic Packaging Holding Co. finished the Wednesday's session 0.47% higher at $10.78. A total of 5.73 million shares were traded, which was above its three months average volume of 3.24 million shares. The stock moved between $10.69 and $10.83 during the session. Graphic Packaging Holding Co.'s stock has gained 4.46% in the last one month, 5.27% in the previous three months and 12.29% on YTD basis. Shares of the company traded at a PE ratio of 19.38. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $10.23 is greater than its 200-day moving average of $9.36. Graphic Packaging Holding Co.'s stock has an RSI of 58.92. Sign up today to read free research on GPK at:
http://www.investor-edge.com/3160-GPK-29May2014.pdf
On Wednesday, shares in Sealed Air Corp. recorded a trading volume of 1.02 million shares, lower than its three months average volume of 1.71 million shares. The stock ended the day at $32.95, which was 0.96% below its previous day's closing of $33.27, and registered an intraday range of $32.93 and $33.38. Sealed Air Corp.'s shares have advanced 1.38% in the last three trading sessions and 1.76% in the last one month. However, the stock has lost 3.23% since start of this year. The company's stock is trading above its 50-day and 200-day moving averages of $32.55 and $31.31, respectively. Furthermore, shares of the company traded at a PE ratio of 25.22 and have an RSI of 54.18. Sign up today to read free research on SEE at:
http://www.investor-edge.com/3160-SEE-29May2014.pdf
On Wednesday, MeadWestvaco Corp.'s stock edged 0.37% lower, to close the day at $40.14. The stock recorded a trading volume of 0.92 million shares, much below its three months average volume of 1.53 million shares. The stock oscillated between $40.04 and $40.35 during the session. Over the last one month and over the previous three months, MeadWestvaco Corp.'s shares have gained 5.99% and 7.24%, respectively. Further, the stock has advanced 11.90% since beginning of this year. Shares of the company traded at a PE ratio of 29.22. The stock is trading above its 50-day and 200-day moving averages. Further, the stock's 50-day moving average of $38.43 is greater than its 200-day moving average of $36.32. Additionally, the stock has an RSI of 63.09. Sign up today to read free research on MWV at:
http://www.investor-edge.com/3160-MWV-29May2014.pdf
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