Veritiv Corporation s trend and data analysis indicates that the stock price has dropped -1.13% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 4.44% . Looking at the past 52 week period, the stock price is up at 35.19% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Veritiv Corporation has a positive value of 36.64 compared to overall market.Veritiv Corporation is having a Relative Strength Index of 42.21 which indicates the stock is not yet over sold or over bought based on the technical indicators.
Veritiv Corporation (NYSE:VRTV) has tumbled 1.32% during the past week and has dropped 5.76% in the last 4 week period. The stocks are negative as compared to the S&P 500 for the past week with a loss of 1.55%. Veritiv Corporation (NYSE:VRTV) has underperformed the index by 6.83% in the last 4 weeks. Investors should watch out for further signals and trade with caution.
Company shares have received an average consensus rating of Hold for the current week Veritiv Corporation (NYSE:VRTV) stock ended Friday session in the red zone in a volatile trading. The stock closed down 6.45 points or 10.96% at $52.4 with 1,540,783 shares getting traded. Post opening the session at $53.5, the shares hit an intraday low of $50.85 and an intraday high of $53.5 and the price was in this range throughout the day. The company has a market cap of $822 million and the number of outstanding shares has been calculated to be 15,687,532 shares. The 52-week high of Veritiv Corporation (NYSE:VRTV) is $62.6 and the 52-week low is $32.7.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Veritiv Corp was Initiated by Wells Fargo to Market Perform on Mar 15, 2017. Veritiv Corp was Initiated by BofA/Merrill to Buy on Jan 11, 2017.
Company has reported several Insider transactions to the SEC, on Mar 23, 2016, Stephen Joseph Smith (CFO) purchased 500 shares at 38.73 per share price.On Nov 18, 2015, Mary A Laschinger (CEO) purchased 5,000 shares at 36.79 per share price.On Aug 27, 2015, Elizabeth Patrick (SVP & CHRO) purchased 750 shares at 34.32 per share price.
Veritiv Corp Last issued its quarterly earnings results on Mar 14, 2017. The company reported $0.26 EPS for the quarter, missing the analyst consensus estimate by $ -0.72. Analyst had a consensus of $0.98. The company had revenue of $2119.40 million for the quarter, compared to analysts expectations of $2119.09 million. The companys revenue was down -3.7 % compared to the same quarter last year.
Veritiv Corporation engages in offering North American business-to-business distribution solutions. It provides packaging, print and print management, publishing, supply chain, facility and logistics solutions that span the entire lifecycle of core business operations. The companys customers vary across a number of industries, including manufacturing, healthcare, retail and more. Veritiv Corporation is headquartered in Atlanta, Georgia.