Winpak Ltd. (OTCMKTS:WIPKF – Get Free Report) shot up 0.5% on Thursday . The stock traded as high as $27.75 and last traded at $27.75. 1,200 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 3,017 shares. The stock had previously closed at $27.61.
Winpak Stock Performance
The firm has a fifty day moving average of $28.97 and a 200-day moving average of $32.13.
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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