Sealed Air Corp (NYSE:SEE) shares, rose in value on Friday, January 24, with the stock price up by 0.48% to the previous day’s close as strong demand from buyers drove the stock to $35.44.
Actively observing the price movement in the last trading, the stock closed the session at $35.27, falling within a range of $35.01 and $35.72. The value of beta (5-year monthly) was 1.347 whereas the PE ratio was 13.07 over 12-month period. Referring to stock’s 52-week performance, its high was $41.14, and the low was $30.87. On the whole, SEE has fluctuated by 5.51% over the past month.
With the market capitalization of Sealed Air Corp currently standing at about $5.16 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 0.80, with its dividend yield at 2.26%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that SEE’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 4.72, with the price of SEE currently trading nearly 3.53% and 0.79% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.46, while the 7-day volatility ratio is showing 1.79% which for the 30-day chart, stands at 1.99%. Furthermore, Sealed Air Corp (SEE)’s beta value is 1.35, and its average true range (ATR) is 0.75.
A comparison of Sealed Air Corp (SEE) with its peers suggests the former has fared considerably weaker in the market. SEE showed an intraday change of 0.48% in last session, and over the past year, it shrunk by -2.50%%.
Data on historical trading for Sealed Air Corp (NYSE:SEE) indicates that the trading volumes over the past 10 days have averaged 0.96 and over the past 3 months, they’ve averaged 1.28 million. According to company’s latest data on outstanding shares, there are 145.69 million shares outstanding.
Nearly 1.81% of Sealed Air Corp’s shares belong to company insiders and institutional investors own 94.60% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 5.25 million shares as on 2024-12-31, resulting in a short ratio of 3.88. According to the data, the short interest in Sealed Air Corp (SEE) stood at 519.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 4.85 million. The stock has risen by 4.76% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the SEE stock heading into the next quarter.
