Ranpak Holdings Corp. (NASDAQ:PACK) reached a new 52-week high on Tuesday . The stock traded as high as $11.50 and last traded at $10.87, with a volume of 472200 shares traded. The stock had previously closed at $11.10.

The company has a 50-day moving average of $9.16 and a two-hundred day moving average of $7.80.

Ranpak (NASDAQ:PACK) last released its earnings results on Thursday, July 30th. The company reported ($0.12) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.06). The company had revenue of $66.10 million during the quarter.

Institutional investors have recently added to or reduced their stakes in the company. Strs Ohio purchased a new position in shares of Ranpak in the 2nd quarter worth about $55,000. WINTON GROUP Ltd purchased a new position in shares of Ranpak in the 2nd quarter worth about $116,000. SG Americas Securities LLC purchased a new position in shares of Ranpak in the 2nd quarter worth about $117,000. Jane Street Group LLC purchased a new position in shares of Ranpak in the 1st quarter worth about $107,000. Finally, American International Group Inc. purchased a new stake in shares of Ranpak during the 2nd quarter valued at about $132,000.

About Ranpak (NASDAQ:PACK)

Ranpak Holdings Corp. intends to effect a merger, share exchange, asset acquisition, share purchase, and reorganization or similar business combination with one or more businesses. It focuses on consumer products related businesses with a focus on companies in consumer products or services; food and beverages; and related manufacturing or industrial services categories in North America or Western Europe.

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