KapStone Paper And Packaging Rises On Unusually High Volume (KS)

NEW YORK ( TheStreet) -- KapStone Paper And Packaging Corporation (NYSE: KS) is trading at unusually high volume Friday with 928,777 shares changing hands. It is currently at four times its average daily volume and trading up 91 cents (+5.7%) at $16.96 as of 3:10 p.m. ET.

KapStone Paper And Packaging has a market cap of $747.1 million and is part of the consumer goods sector and consumer non-durables industry. Shares are up 1.8% year to date as of the close of trading on Thursday.

KapStone Paper and Packaging Corporation engages in the production and sale of unbleached kraft, linerboard, saturating kraft, and unbleached folding carton boards primarily in the Americas, Europe, and Asia. The company has a P/E ratio of 12.2, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates KapStone Paper And Packaging as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share. You can view the full KapStone Paper And Packaging Ratings Report.

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