In a filing, Ranpak Holdings Corp revealed its MD, North America Siebert Mark A. acquired Company’s shares for reported $20.0 on Nov 28 ’23. In the deal valued at $4.10 per share,5 shares were bought. As a result of this transaction, Siebert Mark A. now holds 272 shares worth roughly $ 1955.68.
Then, Siebert Mark A. bought 267 shares, generating $1,063 in total proceeds. Upon buying the shares at $3.98, the MD, North America now owns 267 shares.
Before that, Tranen Alicia M. bought 5,000 shares. Ranpak Holdings Corp shares valued at $16,100 were divested by the Director at a price of $3.22 per share. As a result of the transaction, Tranen Alicia M. now holds 30,000 shares, worth roughly $0.22 million.
Goldman initiated its Ranpak Holdings Corp [PACK] rating to a Neutral in a research note published on August 24, 2021; the price target was $32. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who began to cover the stock in early August with a ‘”an Outperform”‘ rating. Berenberg began covering PACK with “Buy” recommendation on April 26, 2021.
Price Performance Review of PACK
On Friday, Ranpak Holdings Corp [NYSE:PACK] saw its stock jump 3.60% to $7.19. Over the last five days, the stock has lost -2.71%. Ranpak Holdings Corp shares have risen nearly 23.54% since the year began. Nevertheless, the stocks have risen 60.49% over the past one year. While a 52-week high of $8.29 was reached on 04/04/24, a 52-week low of $2.63 was recorded on 02/05/24. SMA at 50 days reached $6.20, while 200 days put it at $5.18. A total of 0.54 million shares were traded, compared to the trading of 0.42 million shares in the previous session.
Levels Of Support And Resistance For PACK Stock
The 24-hour chart illustrates a support level at 6.97, which if violated will result in even more drops to 6.75. On the upside, there is a resistance level at 7.31. A further resistance level may holdings at 7.44. The Relative Strength Index (RSI) on the 14-day chart is 52.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.41%. Stochastics %K at 14.95% indicates the stock is a buying.
