VRS - Watch for Continued Gains in Shares of Verso Corporation (VRS)

Verso Corporation (NYSE:VRS) traded today at a new 52-week high of $19.88. This new high was reached on below average trading volume as 59,000 shares traded hands, while the average 30-day volume is approximately 288,000 shares.

Verso Corporation (NYSE:VRS) is currently priced 67.8% above its average consensus analyst price target of $6.32.

Verso Corporation share prices have moved between a 52-week high of $19.88 and a 52-week low of $7.36 and are now trading 167% above that low price at $19.62 per share.

Verso Corp is a North American producer of printing papers, specialty papers, and pulp. The company produces a wide range of paper products, including coated freesheet, coated groundwood, coated digital, inkjet, supercalendered, and uncoated freesheet. These paper products are used primarily in media and marketing applications, such as catalogs, magazines, advertising brochures, and annual reports. The company also sells kraft pulp, which is used to manufacture tissue products and printing and writing grade paper; however, the group derives the majority of its revenue from its paper products.

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