In a filing, Ranpak Holdings Corp revealed its Director Jones Michael Anthony unloaded Company’s shares for reported $0.1 million on May 30 ’24. In the deal valued at $6.41 per share,15,625 shares were sold. As a result of this transaction, Jones Michael Anthony now holds 214,859 shares worth roughly $0.65 million.
Cantor Fitzgerald initiated its Ranpak Holdings Corp [PACK] rating to an Overweight in a research note published on December 19, 2024; the price target was $11.50. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid August from “an Outperform” to “a Neutral”. Goldman began covering PACK with “Neutral” recommendation on August 24, 2021. Robert W. Baird started covering the stock on August 10, 2021. It rated PACK as “an Outperform”.
Price Performance Review of PACK
On Tuesday, Ranpak Holdings Corp [NYSE:PACK] saw its stock fall -29.84% to $3.01. Over the last five days, the stock has lost -28.16%. Ranpak Holdings Corp shares have fallen nearly -56.25% since the year began. Nevertheless, the stocks have fallen -54.12% over the past one year. While a 52-week high of $9.04 was reached on 01/30/25, a 52-week low of $3.38 was recorded on 05/06/25. SMA at 50 days reached $5.03, while 200 days put it at $6.43.
Levels Of Support And Resistance For PACK Stock
The 24-hour chart illustrates a support level at 2.66, which if violated will result in even more drops to 2.30. On the upside, there is a resistance level at 3.62. A further resistance level may holdings at 4.22. The Relative Strength Index (RSI) on the 14-day chart is 29.29, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.67%. Stochastics %K at 60.70% indicates the stock is a holding.
The most recent change occurred on April 26, 2021 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $24 price target.
