Winpak (OTCMKTS:WIPKF) Trading 0.2% Higher – Here’s What Happened
by Teresa Graham · The Cerbat GemWinpak Ltd. (OTCMKTS:WIPKF – Get Free Report)’s share price was up 0.2% during mid-day trading on Tuesday . The company traded as high as $32.5990 and last traded at $32.5990. Approximately 2,671 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 3,683 shares. The stock had previously closed at $32.5433.
Winpak Stock Performance
The business’s 50 day moving average is $31.48 and its two-hundred day moving average is $31.10.
About Winpak
Winpak Ltd. is a Canada-based packaging company specializing in the development and manufacture of high-performance packaging materials and products for the food, beverage, medical, and consumer goods markets. Established in 1954 and headquartered in Winnipeg, Manitoba, the company operates through two principal segments: flexible packaging, which includes multi-layer films for pouches, trays, and lidding applications; and rigid containers, comprising aluminum and plastic preformed containers used in dairy, dessert, and prepared food packaging.
The flexible packaging segment offers barrier films designed to protect sensitive contents from moisture, oxygen, and light, while the rigid containers segment delivers a range of pre-formed tubs, cups, and trays tailored to maintain product integrity and extend shelf life.