Crown Holdings Inc. (NYSE:CCK) traded at a new 12-month high today of $121.74. So far today approximately 133,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.
Crown Holdings is one of the world’s largest producers of metal packaging. The company manufactures beverage cans, metal food cans, and closures as well as aerosol cans. With the purchase of Signode, the company also has a presence in a wide variety of protective transport packaging. Although it’s headquartered in the United States, the vast majority of Crown’s sales come from its operations in Europe, South America, and Southeast Asia.
Crown Holdings Inc. defies analysts with a current price ($121.07) 2.3% above its average consensus price target of $118.32.
In the past 12 months, shares of Crown Holdings Inc. have traded between a low of $94.11 and a high of $121.74 and are now at $121.07, which is 29% above that low price.
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