Consumer Goods Losers: KapStone Paper and Packaging (NYSE:KS), Mercer International (NASDAQ:MERC), Fuwei Films (NASDAQ:FFHL), Agria Corporation (NYSE:GRO)

Posted by on Mar 28, 2014

KapStone Paper & Packaging Corp. (NYSE:KS) CEO Roger W. Stone sold 136,993 shares of the company’s stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $31.70, for a total value of $4,342,678.10. Following the completion of the transaction, the chief executive officer now directly owns 6,834,829 shares in the company, valued at approximately $216,664,079. KapStone Paper and Packaging Corp. (NYSE:KS) shares after opening at $28.52 moved to $28.55 on last trade day and at the end of the day closed at $26.25. Company price to sales ratio in past twelve months was calculated as 1.43 and price to cash ratio as 192.94. KapStone Paper and Packaging Corp. (NYSE:KS) showed a negative weekly performance of -13.45%.

TD Securities upgraded shares of Mercer International (NASDAQ:MERCS) from a reduce rating to a hold rating in a report released on Tuesday, Stock Ratings News reports. Mercer International Inc. (NASDAQ:MERC) shares fell -7.74% in last trading session and ended the day on $7.15. MERC return on equity ratio is recorded as -13.00% and its return on assets is -3.10%. Mercer International Inc. (NASDAQ:MERC) yearly performance is 3.77%.

Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) which is a Chinese based small cap firm which is into providing solutions for packaging and solution containers to the transport industry has disclosed on 25th March, after business close that there has been significant progress in the efforts its controlling stake owner “The Weifang State-owned Assets Operation Administration Company” in finding suitable owners to buyout its stake controlling stake in the firm. Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) shares moved down -12.77% in last trading session and was closed at $1.64, while trading in range of $1.55 – $1.88. Fuwei Films (Holdings) Co., Ltd (NASDAQ:FFHL) year to date (YTD) performance is 46.43%.

Agria Corporation (NYSE:GRO) a global agricultural company, announced its financial results for the six months ended December 31, 2013. Agria Corporation (ADR) (NYSE:GRO) weekly performance is -12.50%. On last trading day company shares ended up $1.33. Agria Corporation (ADR) (NYSE:GRO) distance from 50-day simple moving average (SMA50) is -14.17%. Analysts mean target price for the company is $2.00.

Leave a Reply