SLVM - Watch for Continued Gains in Shares of Sylvamo Corporation (SLVM)
Shares of Sylvamo Corporation (NYSE:SLVM) traded at a new 52-week high today of $51.57. This new high was reached on below average trading volume as 93,000 shares traded hands, while the average 30-day volume is approximately 322,000 shares.
Potential upside of 11.7% exists for Sylvamo Corporation, based on a current level of $50.50 and analysts' average consensus price target of $56.40.
In the past 52 weeks, shares of Sylvamo Corporation have traded between a low of $23.10 and a high of $51.57 and is now at $50.50, which is 119% above that low price.
Sylvamo Corp is engaged in producing various uncoated freesheet for paper products such as cutsize and offset paper, as well as market pulp, aseptic and liquid packaging board and coated unbleached kraft papers. The company offers Copy and Printer papers, Commercial Printing papers, Converting papers and Specialty papers. It operates in three geographical segments: Europe, Latin America, and North America.
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