Winpak Ltd. (OTCMKTS:WIPKF – Get Free Report) shot up 0.5% during mid-day trading on Thursday . The stock traded as high as $27.75 and last traded at $27.75. 1,200 shares traded hands during trading, a decline of 60% from the average session volume of 3,017 shares. The stock had previously closed at $27.61.
Winpak Trading Up 0.5 %
The company’s 50 day moving average price is $29.03 and its 200-day moving average price is $32.17.
Winpak Company Profile
Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico. The company operates is Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery segments. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, high-performance pouch, and high-barrier films for converting applications; specialty films, including barrier and non-barrier films converting applications, such as printing, laminating and bag making, as well as shrink bags; and biaxially oriented nylon films for food packaging and industrial applications.
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