The stock of Orora Ltd (ASX:ORA) is a huge mover today! The stock increased 3.38% or $0.09 on November 18, hitting $2.75. About 5.83M shares traded hands or 78.83% up from the average. Orora Ltd (ASX:ORA) has risen 8.70% since April 22, 2016 and is uptrending. It has outperformed by 4.27% the S&P500.
The move comes after 5 months positive chart setup for the $3.28 billion company. It was reported on Nov, 18 by Barchart.com. We have $4.57 PT which if reached, will make ASX:ORA worth $2.16 billion more.
More notable recent Orora Ltd (ASX:ORA) news were published by: Fool.com.Au which released: “Orora Ltd reports bumper profits: Is it a buy?” on August 15, 2016, also Fool.com.Au with their article: “Why the Orora Ltd share price is rising today” published on February 16, 2016, Fool.com.Au published: “The stock picker’s guide to Orora Ltd” on July 19, 2015. More interesting news about Orora Ltd (ASX:ORA) were released by: Fool.com.Au and their article: “Should you pack your portfolio with Amcor Limited, Orora Ltd and Pact Group …” published on September 13, 2015 as well as Fool.com.Au‘s news article titled: “Orora Ltd shares jump 8%: Here’s what you need to know” with publication date: August 25, 2014.
Orora Limited is a packaging company. The company has a market cap of $3.28 billion. The Firm is principally engaged in providing a range of packaging solutions, including design and manufacture of packaging products, such as glass bottles, beverage cans, recycled paper, cartons and multi-wall paper bags. It has a 19.81 P/E ratio. The Company’s divisions include Orora Australasia, Orora North America and Other.
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