Ranpak (NASDAQ:PACK) Hits New 12-Month High at $11.50
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.
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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