Winpak (OTCMKTS:WIPKF) Trading 1.2% Higher

Shares of Winpak Ltd. (OTCMKTS:WIPKFGet Free Report) rose 1.2% during mid-day trading on Monday . The company traded as high as $31.76 and last traded at $31.76. Approximately 532 shares changed hands during trading, a decline of 56% from the average daily volume of 1,198 shares. The stock had previously closed at $31.38.

Winpak Stock Performance

The stock’s 50-day moving average price is $31.39 and its 200-day moving average price is $30.70.

About Winpak

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Winpak Ltd. manufactures and distributes packaging materials and related packaging machines in the United States, Canada, and Mexico. The company operates is Flexible Packaging, Rigid Packaging and Flexible Lidding, and Packaging Machinery segments. The Flexible Packaging segment provides modified atmosphere packaging products for fresh and processed meats, poultry, cheese, medical device packaging, high-performance pouch, and high-barrier films for converting applications; specialty films, including barrier and non-barrier films converting applications, such as printing, laminating and bag making, as well as shrink bags; and biaxially oriented nylon films for food packaging and industrial applications.

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