|Bid||46.53 x 800|
|Ask||46.51 x 1100|
|Day's Range||46.37 - 47.03|
|52 Week Range||26.38 - 47.64|
|Beta (5Y Monthly)||1.18|
|PE Ratio (TTM)||28.93|
|Earnings Date||Oct 29, 2020|
|Forward Dividend & Yield||2.05 (4.40%)|
|Ex-Dividend Date||Nov 13, 2020|
|1y Target Est||42.08|
Jim Cramer focused on industrial names this morning (Monday) and pointed out that the papers represented by WestRock and International Paper look good, too. In this daily bar chart of IP, below, we can see that prices broke out above the 200-day moving average line in early September. The On-Balance-Volume (OBV) line has been rising and has already broken above its December peak telling us that buyers of IP have been more aggressive.
While not a mind-blowing move, it is good to see that the International Paper Company (NYSE:IP) share price has gained...
International Paper's (IP) latest divesture supports management's previously-announced strategic review of the packaging business in Brazil.