BPC Acquisition Corp (BERY) stock had a bullish inflow of $16.2 million worth of trades on uptick and an outflow of $11.55 million in downticks on Tuesday. The total uptick to downtick ratio stood at 1.4. The net money flow into the stock was $4.66 million. The money flow data, which is calculated as the dollar value of composite uptick minus the downtick trades indicated bullish. The block trades had a total money flow of $3.31 million. An inflow of $4.56 million block trade was recorded on downticks. $7.86 million of block trade during Uptick was observed, which shows continued buying by the smart money on every weakness. The total uptick to downtick ratio of block trades was 1.73 in favor of the bulls. However, BPC Acquisition Corp (BERY) stock traded down $0.11 , and reached $40.17, a drop of -0.27% over the previous day. On a weekly basis, the stock is 2.5%, over the previous weeks close.
The company Insiders own 2.7% of BPC Acquisition Corp shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -10.76% . During last six month period, the net percent change held by insiders has seen a change of -18.57%. In an insider trading activity, Greene Jason K., officer (EVP – Chief Legal Officer) of Berry Plastics Group Inc, unloaded 6,314 shares at an average price of $39.02 on May 24, 2016. The total amount of the transaction was worth $246,372, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Shares of Berry Plastics Group, Inc. rose by 5.11% in the last five trading days and 6.18% for the last 4 weeks. Berry Plastics Group, Inc. is up 13.84% in the last 3-month period. Year-to-Date the stock performance stands at 12.05%.
BPC Acquisition Corp (NYSE:BERY): stock turned positive on Tuesday. Though the stock opened at $40.42, the bulls momentum made the stock top out at $40.79 level for the day. The stock recorded a low of $40.22 and closed the trading day at $40.54, in the green by 0.92%. The total traded volume for the day was 1,050,378. The stock had closed at $40.17 in the previous days trading.
Berry Plastics Group, Inc. is engaged in providing plastic consumer packaging and engineered materials. The Companys products include drink cups, thin-wall containers, bottles, specialty closures, prescription vials, specialty films, adhesives and corrosion protection materials. The Company operates in four operating segments: Rigid Open Top and Rigid Closed Top, which sells primarily containers, foodservice items, closures, overcaps, bottles, prescription containers, and tubes; Engineered Materials, which sells pipeline corrosion protection solutions, tapes and adhesives, PE (polyethylene)-based film products and can liners; and Flexible Packaging, which sells high barrier, multilayer film products as well as finished flexible packages such as printed bags and pouches. The Company sells its solutions into consumer-oriented end-markets, such as food and beverage, healthcare and personal care.