International Paper Co. (IP) Stock: A Closer Look at the Moving Averages

In the past week, IP stock has gone up by 7.67%, with a monthly decline of -6.13% and a quarterly surge of 6.73%. The volatility ratio for the week is 2.46%, and the volatility levels for the last 30 days are 2.25% for International Paper Co. The simple moving average for the last 20 days is 19.78% for IP’s stock, with a simple moving average of Feb 01 BMO for the last 200 days.

Is It Worth Investing in International Paper Co. (NYSE: IP) Right Now?

International Paper Co. (NYSE: IP) has a higher price-to-earnings ratio of 41.36x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.98.

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The public float for IP is 341.75M, and currently, short sellers hold a 1.91% ratio of that float. The average trading volume of IP on February 13, 2024 was 1.02 shares.

IP) stock’s latest price update

International Paper Co. (NYSE: IP)’s stock price has gone rise by 35.50 in comparison to its previous close of 37.40, however, the company has experienced a 7.67% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-02-01 that International Paper’s (IP) Q4 earnings decline year on year, reflecting the decline in volumes (barring containerboard) and lower prices.

IP Trading at -10.36% from the 50-Day Moving Average

After a stumble in the market that brought IP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.04% of loss for the given period.

Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 2.46%, as shares sank -5.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.81% lower at present.

During the last 5 trading sessions, IP rose by +7.67%, which changed the moving average for the period of 200-days by +2.72% in comparison to the 20-day moving average, which settled at $35.71. In addition, International Paper Co. saw -1.80% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at IP starting from PLATH THOMAS J., who sale 4,500 shares at the price of $34.11 back on Nov 27. After this action, PLATH THOMAS J. now owns 43,253 shares of International Paper Co., valued at $153,495 using the latest closing price.

Goughnour Holly G., the Vice President & Controller of International Paper Co., sale 2,500 shares at $35.70 during a trade that took place back on Jul 28, which means that Goughnour Holly G. is holding 8,219 shares at $89,262 based on the most recent closing price.

Stock Fundamentals for IP

Equity return is now at value 3.58, with 1.28 for asset returns.

Conclusion

To put it simply, International Paper Co. (IP) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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