Winpak (OTCMKTS:WIPKF) Stock Price Up 10.2% – Time to Buy?

Winpak Ltd. (OTCMKTS:WIPKF)’s share price traded up 10.2% during trading on Wednesday . The company traded as high as $36.45 and last traded at $36.45. 3,329 shares changed hands during trading, a decline of 57% from the average session volume of 7,808 shares. The stock had previously closed at $33.0885.

Winpak Trading Up 10.2%

The firm has a 50-day moving average of $32.70 and a two-hundred day moving average of $31.15.

Winpak Company Profile

Winpak Ltd. is a Canada-based packaging company specializing in the development and manufacture of high-performance packaging materials and products for the food, beverage, medical, and consumer goods markets. Established in 1954 and headquartered in Winnipeg, Manitoba, the company operates through two principal segments: flexible packaging, which includes multi-layer films for pouches, trays, and lidding applications; and rigid containers, comprising aluminum and plastic preformed containers used in dairy, dessert, and prepared food packaging.

The flexible packaging segment offers barrier films designed to protect sensitive contents from moisture, oxygen, and light, while the rigid containers segment delivers a range of pre-formed tubs, cups, and trays tailored to maintain product integrity and extend shelf life.