Winpak Ltd. (OTCMKTS:WIPKF – Get Free Report) dropped 1.8% during mid-day trading on Monday . The company traded as low as $30.77 and last traded at $30.77. Approximately 885 shares changed hands during trading, an increase of 77% from the average daily volume of 499 shares. The stock had previously closed at $31.33.
Winpak Price Performance
The firm’s 50-day moving average is $33.51 and its 200-day moving average is $33.73.
About Winpak
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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