Verso Corporation (NYSE:VRS) traded at a new 52-week high today of $21.30. Approximately 94,000 shares have changed hands today, as compared to an average 30-day volume of 176,000 shares.
Verso Corp is a North American producer of printing papers, specialty papers, and pulp. The company produces a wide range of paper products, including coated freesheet, coated groundwood, coated digital, inkjet, supercalendered, and uncoated freesheet. These paper products are used primarily in media and marketing applications, such as catalogs, magazines, advertising brochures, and annual reports. The company also sells kraft pulp, which is used to manufacture tissue products and printing and writing grade paper; however, the group derives the majority of its revenue from its paper products.
In the past 52 weeks, shares of Verso Corporation have traded between a low of $7.36 and a high of $21.30 and is now at $21.13, which is 187% above that low price.
Verso Corporation (NYSE:VRS) is currently priced 50.1% above its average consensus analyst price target of $10.54.
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