Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Ranpak Holdings Corp’s stock clocked out at $3.33, down -2.35% from its previous closing price of $3.41. In other words, the price has decreased by -$2.35 from its previous closing price. On the day, 1.44 million shares were traded.
Ratios:
To gain a deeper understanding of PACK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.38 and its Current Ratio is at 1.78. In the meantime, Its Debt-to-Equity ratio is 0.79 whereas as Long-Term Debt/Eq ratio is at 0.77.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on December 19, 2024, initiated with a Overweight rating and assigned the stock a target price of $11.50.
On August 14, 2024, Robert W. Baird Downgraded its rating to Neutral which previously was Outperform but kept the price unchanged to $10.
On August 24, 2021, Goldman started tracking the stock assigning a Neutral rating and target price of $32.Goldman initiated its Neutral rating on August 24, 2021, with a $32 target price.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.75 while its Price-to-Book (P/B) ratio in mrq is 0.52.
Stock Price History:
Over the past 52 weeks, PACK has reached a high of $9.04, while it has fallen to a 52-week low of $2.91. The 50-Day Moving Average of the stock is -18.32%, while the 200-Day Moving Average is calculated to be -45.38%.
Shares Statistics:
A total of 84.22M shares are outstanding, with a floating share count of 75.94M. Insiders hold about 9.84% of the company’s shares, while institutions hold 85.79% stake in the company.
