Where Will Ranpak Holdings Corp (PACK) Stock Go Next After It Is Up 12.90% in a Week?

Ranpak Holdings Corp (PACK) stock is higher by 12.90% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Ranpak Holdings Corp has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PACK!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With PACK Stock Today?

Ranpak Holdings Corp (PACK) stock is up 0.87% while the S&P 500 has fallen -0.04% as of 12:41 PM on Friday, Sep 1. PACK is up $0.05 from the previous closing price of $6.34 on volume of 78,283 shares. Over the past year the S&P 500 is higher by 13.93% while PACK is up 20.79%. PACK lost -$0.37 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Ranpak Holdings Corp click here.

More About Ranpak Holdings Corp

Ranpak Holdings Corp is a provider of environmentally sustainable, systems-based, product protection solutions for e-Commerce and industrial supply chains. The company offers a full suite of protective packaging systems and paper consumables. Geographically, it derives a majority of revenue from Europe/Asia. Click Here to get the full Stock Report for Ranpak Holdings Corp stock.