Shares of Veritiv Corporation (NYSE:VRTV) traded at a new 52-week high today of $58.68. This new high was reached on approximately average trading volume as 188,000 shares traded hands, while the average 30-day volume is approximately 187,000 shares.
Veritiv Corp provides printing, publishing, packaging, and facility solutions. The company also provides logistics and supply chain management services. It operates in four primary segments based on the product type. The Print segment, which generates the majority of the revenue, distributes commercial printing and specialty paper products. The Publishing segment sells coated and uncoated commercial printing papers to publishers and retailers for use in magazines, books, and direct mail. The Packaging segment sells a variety of paper-based packaging products within the fiber-based, flexible and rigid categories. The Facility Solutions segment sells cleaning, breakroom, bathroom, safety, and hazard supplies. The majority of revenue comes from the United States.
Veritiv Corporation share prices have moved between a 52-week high of $58.68 and a 52-week low of $9.92 and are now trading 483% above that low price at $57.83 per share.
Based on a current price of $57.83, Veritiv Corporation is currently 46.9% above its average consensus analyst price target of $30.69.
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