PKG - Packaging Corporation of America: 52-Week High Recently Eclipsed (PKG)
Shares of Packaging Corporation of America (NYSE:PKG) traded today at $153.53, eclipsing its 52-week high. Approximately 67,000 shares have changed hands today, as compared to an average 30-day volume of 489,000 shares.
Packaging Corp. of America is the fourth- largest containerboard and corrugated packaging manufacturer in the United States. It produces roughly 4 million tons of containerboard annually. The company's share of the domestic containerboard market is about 10%. PCA differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.
In the past 52 weeks, shares of Packaging Corporation of America have traded between a low of $86.92 and a high of $153.53 and is now at $153.09, which is 76% above that low price.
Packaging Corporation of America (NYSE:PKG) is currently priced 5.8% above its average consensus analyst price target of $144.23.
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