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Daily Technical Summary Reports on Packaging & Containers Stocks -- Silgan, Ball, Crown, and Packaging Corp. of America

SLGN, CCK

PR Newswire

NEW YORK, October 26, 2017 /PRNewswire/ --

If you want a Stock Review on SLGN, BLL, CCK, or PKG then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Ahead of today's trading session, DailyStockTracker.com scans the performance of Silgan Holdings Inc. (NASDAQ: SLGN), Ball Corp. (NYSE: BLL), Crown Holdings Inc. (NYSE: CCK), and Packaging Corp. of America (NYSE: PKG). Companies within the Packaging and Containers industry serve a wide variety of markets, but most rely on the Food and Beverage, household Products, and Pharmaceutical sectors for the majority of business. Register now and get full and free access to these DailyStockTracker.com research reports at:

http://dailystocktracker.com/register/

Silgan Holdings 

On Wednesday, shares in Stamford, Connecticut headquartered Silgan Holdings Inc. recorded a trading volume of 1.22 million shares, which was above their three months average volume of 525,930 shares. The stock ended at $29.03, rising 1.79% from the last trading session. The Company's shares have gained 1.22% in the last one month and 13.44% on an YTD basis. The stock is trading below its 50-day moving average by 1.16%. Furthermore, shares of Silgan, which together with its subsidiaries, manufactures and sells rigid packaging for shelf-stable food and other consumer goods products worldwide, have a Relative Strength Index (RSI) of 51.45.

On October 10 th, 2017, research firm RBC Capital Markets initiated a 'Sector Perform' rating on the Company's stock, with a target price of $30 per share. Access our complete research report on SLGN for free at:

http://dailystocktracker.com/registration/?symbol=SLGN

Ball 

Broomfield, Colorado headquartered Ball Corp.'s stock finished yesterday's session 1.10% lower at $42.45 with a total trading volume of 1.69 million shares. The Company's shares have gained 3.61% in the last one month, 0.38% over the previous three months, and 13.09% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.73% and 7.31%, respectively. Furthermore, shares of Ball, which supplies metal packaging products to the beverage, food, personal care, and household industries, have an RSI of 63.09.  


On October 23 rd, 2017, research firm UBS initiated a 'Buy' rating on the Company's stock, with a target price of $50 per share.

On October 24 th, 2017, Ball Corp.'s Board of Directors has elected Cathy D. Ross, retired Executive Vice President and CFO from FedEx Express, and Pedro Henrique Mariani, Chairman of the Board of Banco BBM, to serve as directors of the Corporation. Ross currently sits on the boards of directors of Avon Products, Inc. and Steelcase, Inc. Mariani sits on the Board of Directors at FEBRABAN (Brazilian Federation of Banks). The complimentary research report on BLL can be downloaded at:


http://dailystocktracker.com/registration/?symbol=BLL


Crown Holdings 

At the close of trading on Wednesday, shares in Philadelphia, Pennsylvania headquartered Crown Holdings Inc. saw a slight decline of 0.72%, ending the day at $59.48. The stock recorded a trading volume of 1.17 million shares, which was above its three months average volume of 709,210 shares. The Company's shares have advanced 0.46% in the previous three months and 13.14% since the start of this year. The stock is trading 4.68% above its 200-day moving average. Moreover, shares of Crown, which designs, manufactures, and sells packaging products for consumer goods in the Americas, Europe, and Asia/Pacific, have an RSI of 45.64.  

On October 18 th, 2017, Crown announced its financial results for Q3 ended September 30th, 2017. Net sales in the quarter increased to $2,468 million, income from operations was $347 million, and earnings per share were $1.32. For Q3 2017, interest expense was $64 million and net income attributable to the Company was $177 million. Register for free on DailyStockTracker.com and get access to the latest report on CCK at:

http://dailystocktracker.com/registration/?symbol=CCK

Packaging Corp. of America 

Lake Forest, Illinois headquartered Packaging Corp. of America's shares ended the day 0.40% lower at $118.16 with a total trading volume of 677,891 shares. The stock has gained 3.36% in the last month, 6.88% over the previous three months, and 39.31% on an YTD basis. The Company's shares are trading 3.21% above their 50-day moving average and 14.53% above their 200-day moving average. Additionally, shares of the Company, which manufactures and sells containerboard and corrugated packaging products primarily in the US, have an RSI of 60.67.  

On October 02 nd, 2017, Packaging Corp. announced that it has completed its acquisition of the assets of Sacramento Container Corporation and 100% of the membership interests of Northern Sheets, LLC and Central California Sheets, LLC in a cash-free, debt-free transaction. Funding for the $265 million purchase price came from available cash on hand.

On October 24 th, 2017, research firm Stephens initiated an 'Overweight' rating on the Company's stock. Download your free research report on PKG at:

http://dailystocktracker.com/registration/?symbol=PKG

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