VRTV 2M 81% ShortVeritiv Corp. operates as a business-to-business distributor of print, publishing, packaging, facility solutions, print and publishing products and services. The firm provides logistics and supply chain management solutions to its customers. It operates through the following segments: Print, Publishing, Packaging and Facility Solutions. The Print segment sells and distributes commercial printing, writing, copying, digital, wide format and specialty paper products, graphics consumables and graphics equipment primarily in the U.S., Canada, and Mexico. The Publishing segment is involved in the sale and distribution of coated and uncoated commercial printing papers to publishers, retailers, converters, printers, and specialty businesses for use in magazines, catalogs, books, directories, gaming, couponing, retail inserts and direct mail. The Packaging segment provides standard as well as custom and comprehensive packaging solutions for customers based in North America and in key global markets. The Facility Solutions segment sources and sells cleaning, break-room and other supplies such as towels, tissues, wipers and dispensers, can liners, commercial cleaning chemicals, soaps and sanitizers, sanitary maintenance supplies and equipment, safety and hazard supplies, and shampoos and amenities primarily in the U.S., Canada and Mexico. The company was founded on July 1, 2014 and is headquartered in Atlanta, GA.
VRTV
US Stock In Play: $VRTV (Veritiv Corporation)A quick follow up on $VRTV since our last highlight two weeks ago. With $VRTV currently trading at $66.47, a +32.55% increment since the Ascending Triangle chart pattern breakout, $VRTV have now crossed $1 Billion USD market capitalization for the first time, trading at its all time high level in the stock market.
$VRTV is currently exhibiting a two weeks consolidated bullish pennant pattern, poising for a further breakout towards $70 mark.
$VRTV operates as a business-to-business provider of value-added packaging products and services, as well as facility solutions, print, and publishing products and services in the United States, Canada, Mexico, and internationally.
US Stock In Play: $VRTV (Veritiv Corporation)$VRTV broke out of its 11 weeks consolidated Ascending Triangle chart pattern, rallying over +23.38% (+$11.84) in just 3 days to close at $62.17. It was also announced that the company have added $50 million to its buyback program, expanding the share re-purchase to $100 million mark.
With it currently trading at its 52 weeks high, it is worth to highlight that $VRTV is also $0.43 away from its all time high of $62.60 that was last traded in March 2017. We will be looking at a $1 Billion market capitalization at $VRTV, if it were to successfully trade beyond $63.50 at current total outstanding shares.
$VRTV operates as a business-to-business provider of value-added packaging products and services, as well as facility solutions, print, and publishing products and services in the United States, Canada, Mexico, and internationally.
VRTV is a gainzta! Gainz, Gainz and more Gainz this has the chance to make it a nice week of gains! uptrend pattern only for a limited time!
