Large Inflow of Money Witnessed in KapStone Paper and Packaging Corporation

KapStone Paper and Packaging Corporation (NYSE:KS) : The money flow analysis of KapStone Paper and Packaging Corporation (NYSE:KS) indicates a $0.89 million of outflow was on downticks, whereas, the investors on Wednesday gobbled up stocks worth $1.35 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.52 and so was the total money flow at $0.46 million. The bulls lapped up $0.58 million worth of block trades on upticks. The money flow was $0.58 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of KapStone Paper and Packaging Corporation (NYSE:KS), pushing it down by -0.31% for the day. The stock slid $0.04 and traded at $12.72 during the day. Nonetheless, the stock is -8.36% over the previous weeks close.


In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Kapstone Paper & Packaging Corp, Reznik Maurice S had purchased shares worth of $146,800 in a transaction dated on May 16, 2016. A total of 10,000 shares were purchased at a price of $14.68 per share. The information is based on open market trades at the market prices.Option exercises are not covered. Currently the company Insiders own 13.3% of KapStone Paper and Packaging Corporation shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 119.93% . Institutional Investors own 84.23% of KapStone Paper and Packaging Corporation shares. During last six month period, the net percent change held by insiders has seen a change of 56.35%.

The company shares have dropped -45.89% from its 1 Year high price. On Jul 21, 2015, the shares registered one year high at $25.20 and the one year low was seen on Feb 24, 2016. The 50-Day Moving Average price is $15.04 and the 200 Day Moving Average price is recorded at $14.96. KapStone Paper and Packaging Corporation (NYSE:KS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $13.03 and $12.57 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $13.08. The buying momentum continued till the end and the stock did not give up its gains. It closed at $12.90, notching a gain of 1.10% for the day. The total traded volume was 2,227,082 . The stock had closed at $12.76 on the previous day.

KapStone Paper and Packaging Corporation is engaged in manufacture and sale of containerboard, corrugated products and specialty paper for industrial and consumer markets. Containerboard, consisting of linerboard and corrugated medium, is used to manufacture corrugated containers for packaging products. The Company produces three general categories of kraft paper: Multiwall paper; Specialty products and Lightweight paper. Specialty products are also used to produce shingle wrap, end caps, roll wrap, pet food, cement and chemicals, grocery bags and dunnage bags. The Companys specialty paper products are manufactured for a variety of converters, including laminators, coaters, insulation manufacturers, agricultural product processors and food product packaging producers. As of December 31, 2014, the Company operated 21 corrugated products manufacturing plants. The Company also has multi-color printing capabilities to make graphics boxes and display.

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