Shares of Quad/Graphics Inc. (NYSE:QUAD) traded at a new 52-week low today of $4.97. This new low was reached on above average trading volume as 2.2 million shares traded hands, while the average 30-day volume is approximately 267,000 shares.
Quad/Graphics Inc. has overhead space with shares priced $5.57, or 84.5% below the average consensus analyst price target of $36.00. The stock should find initial resistance at its 50-day moving average (MA) of $9.94 and further resistance at its 200-day MA of $10.89.
Quad/Graphics, Inc. provides marketing solutions worldwide. The company operates through United States Print and Related Services, and International segments. It offers printing services, such as retail inserts, publications, catalogs, special interest publications, journals, direct mail, books, directories, in-store marketing and promotion, packaging, newspapers, custom print products, and other commercial and specialty printed products; and paper procurement services.
In the past 52 weeks, Quad/Graphics Inc. share prices are bracketed by a current low of $4.97 and a high of $18.33 and is now at $5.57. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.4% while the 200-day MA has slid 0.4%.
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