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Ranpak Holdings Corp. (PACK) stock declined over -2.23%, trading at $3.50 on NYSE, down from the previous close of $3.58. The stock opened at $3.58, fluctuating between $3.41 and $3.63 in the recent session.
Ranpak Holdings Corp., together with its subsidiaries, provide product protection solutions for e-commerce and industrial supply chains in North America, Europe, and Asia. The company offers protective packaging solutions, such as void-fill protective systems that convert paper to fill empty spaces in secondary packages and protect objects under the FillPak brand; cushioning protective systems, which convert paper into cushioning pads under the PadPak brand; and wrapping protective systems that create pads or paper mesh to wrap and protect fragile items, as well as to line boxes and provide separation when shipping various objects under the WrapPak, Geami, and ReadyRoll brands. The company's products also include line automation products, which help end users automate the void filling and box closure processes after product packing is complete. It sells its products to end users primarily through a distributor network, and directly to select end users. Ranpak Holdings Corp. was founded in 1972 and is headquartered in Concord Township, Ohio.
Employees | 800 |
Beta | 2.7 |
Sales or Revenue | $336.30M |
5Y Sales Change% | -0.371% |
Fiscal Year Ends | December |
Sector | Consumer Cyclical |
Industry | Packaging & Containers |
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