Verso Corporation (NYSE:VRS) has been downgraded to Strong Sell in a report by Zacks Investment Research earlier today.
- Updated: October 2, 2016
Having a price of $6.69, Verso Corporation (NYSE:VRS) traded -1.23% lower on the day. With the last close down -22.88% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. VRS has recorded a 50-day average of $7.03 and a two hundred day average of $8.36. Trade Volume was down over the average, with 50,138 shares of VRS changing hands under the typical 249,838
Zacks Investment Research has downgraded Verso Corporation (NYSE:VRS) to Strong Sell in a statement released on 9/28/2016.
Recent Performance Chart
Verso Corporation has with a one year low of $5.55 and a one year high of $12.00 and has a market capitalization of $0.
General Company Details For Verso Corporation (NYSE:VRS)
Verso Corporation manufactures and supplies coated papers in the United States. It operates in two segments, Paper and Pulp. The company primarily produces coated freesheet and coated groundwood papers; northern bleached hardwood kraft pulp; recycled paper; and customized product solutions. It also offers ultra-lightweight uncoated printing papers, and ultra-lightweight coated and uncoated flexible packaging papers. Its products are used primarily in media and marketing applications, including catalogs, magazines, and commercial printing applications, such as high-end advertising brochures, annual reports, and direct-mail advertising. The company was formerly known as Verso Paper Corp. and changed its name to Verso Corporation in January 2015. Verso Corporation was founded in 2006 and is headquartered in Memphis, Tennessee.
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