Verso Corp (VRS) Downgraded to “Sell” at Zacks Investment Research
According to Zacks, “Verso Corporation is engaged in the paper industry. The Company produces coated freesheet, coated ground wood and uncoated super calendered papers and pulp. It serves to magazine and catalog publishers, commercial printers, specialty retail merchandisers and paper merchants. The company operates primarily in Kentucky, Maine, Maryland, Michigan, Minnesota and Wisconsin. Verso Corporation is based in Memphis, United States. “
Verso Corp (NYSE:VRS) traded down 0.37% during midday trading on Tuesday, hitting $5.35. The company had a trading volume of 74,225 shares. Verso Corp has a 52-week low of $4.37 and a 52-week high of $12.00. The firm has a market cap of $183.99 million and a price-to-earnings ratio of 0.38. The stock has a 50 day moving average of $5.71 and a 200 day moving average of $7.25.
About Verso Corp
Verso Corporation is a producer of coated papers, which are used in magazines, catalogs, advertising brochures and annual reports, among other media and marketing publications. The Company operates through two segments: paper and pulp. The Paper segment includes paper products, which are used in media and marketing applications, including catalogs, magazines, and commercial printing applications, such as advertising brochures, annual reports and direct-mail advertising.
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