Sealed Air Corporation (SEE) Shares are Up 0.9%

Sealed Air Corporation (SEE) : Traders are bullish on Sealed Air Corporation (SEE) as it has outperformed the S&P 500 by a wide margin of 0.9% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.37%, relative to the S&P 500. The stock has risen by 0.9% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.14% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 1.99% and the 50-Day Moving Average is 2.79%.The 200 Day SMA reached 0.32% Sealed Air Corporation has dropped 1.78% during the last 3-month period . Year-to-Date the stock performance stands at 3.8%.


Sealed Air Corporation (SEE) stock is expected to deviate a maximum of $4.04 from the average target price of $54.5 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $62 and the most muted being $50.

For the current week, the company shares have a recommendation consensus of Buy. Sealed Air Corporation (NYSE:SEE): stock was range-bound between the intraday low of $45.4 and the intraday high of $46.17 after having opened at $45.98 on Fridays session. The stock finally closed in the red at $45.98, a loss of -0.89%. The stock remained in the red for the whole trading day. The total traded volume was 1,554,089 shares. The stock failed to cross $46.17 in Fridays trading. The stocks closing price on Thursday was $46.26.

Sealed Air Corporation is engaged in food safety and security, facility hygiene and product protection business. The Companys segments include Food Care, which provides integrated system solutions for retailers and food service operators; Diversey Care, which provides integrated system solutions for food safety and security under Diversey brand; Product Care, which provides product care solutions to meet cushioning, void fill, positioning or block-and-bracing and surface protection, among others, and Other, which includes corporate, medical applications and new ventures businesses. Its brands include Cryovac packaging technology, Diversey and Taski brand cleaning and hygiene solutions, Bubble Wrap brand cushioning, Jiffy protective mailers and Instapak foam-in-place systems. In addition, the Company offers I-Pack system, which supports various pick stations, and e-Cube system, which is an automated packaging solution.

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