GPK - Watch for Continued Gains in Shares of Graphic Packaging Holding Company (GPK)

Shares of Graphic Packaging Holding Company (NYSE:GPK) traded at a new 52-week high today of $20.15. Approximately 721,000 shares have changed hands today, as compared to an average 30-day volume of 3.5 million shares.

In the past 52 weeks, Graphic Packaging Holding Company share prices are bracketed by a low of $13.13 and a high of $20.15 and is now at $20.11, 53% above that low price.

Graphic Packaging Holding Co is a holding company that manufactures and sells a variety of paper-based consumer packaging products through its subsidiaries. The company's two primary functions include the sale of paperboard packaging and the operation of paperboard mills. The paperboard packaging business includes packaging for beverages, including beer and soft drinks as well as food, including cereal, frozen foods, and pet foods. The firm also sells paperboard packaging for household products, including dishwasher and laundry detergent and personal care products. Graphic Packaging operates papermills that sell laminated and coated packaging products to third parties. The majority of revenue comes from the Americas.

Graphic Packaging Holding Company (NYSE:GPK) defies analysts with a current price ($20.11) 23.9% above its average consensus price target of $15.31.

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