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KapStone Paper and Packaging Corp. (NYSE:KS) has been downgraded to Hold in a statement by BidaskClub earlier today.

Boasting a price of $20.96, KapStone Paper and Packaging Corp. (NYSE:KS) traded -0.23% lower on the day. With the last close down -2.68% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the date range. KapStone Paper and Packaging Corp. has recorded a 50-day average of $22.04 and a two hundred day average of $22.29. Volume of trade was down over the average, with 796,070 shares of KS changing hands under the typical 953,698

BidaskClub has downgraded KapStone Paper and Packaging Corp. (NYSE:KS) to Hold in a statement released on Saturday July 08, 2017.

Performance Chart

KapStone Paper and Packaging Corp. (NYSE:KS)

With a total market value of $0, KapStone Paper and Packaging Corp. has price-earnings ratio of 28.58 with a one year low of $14.56 and a one year high of $24.98 .

A total of 9 analysts have released a research note on KS. 3 brokerages rating the stock a strong buy, 3 brokerages rating the stock a buy, three brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $16.50.

General Company Details For KapStone Paper and Packaging Corp. (NYSE:KS)

KapStone Paper and Packaging Corporation is a producer of containerboard and the kraft paper in North America. The Company operates through two segments: Paper and Packaging, and Distribution. The Paper and Packaging segment manufactures and sells a range of containerboard, corrugated products and specialty paper for industrial and consumer markets. The Distribution segment, which operates under the Victory and Golden State Container trade names, provides its customers packaging solutions and services and distributes corrugated packaging materials and other specialty packaging products, which include stretch film, void fill, carton sealing tape and other specialty tapes. The Company produces a range of products ranging from basic corrugated shipping containers to specialized packaging. The Company also produces packaging for fresh fruit and vegetables, processed food, beverages, and other industrial and consumer products.

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