In trading on Tuesday, shares of International Paper Co. (NYSE:IP) crossed above their 200 day moving average of $28.02, changing hands as high as $28.38 per share. International Paper Co. shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of IP shares, versus its 200 day moving average:
Looking at the chart above, IP's low point in its 52 week range is $21.55 per share, with $33.01 as the 52 week high point — that compares with a last trade of $28.13.
IP operates in the Paper & Forest Products sector, among companies like KapStone Paper & Packaging Corp (NYSE:KS) which is up about 1.4% today, and Deltic Timber Corp. (NYSE:DEL) trading higher by about 1%. Below is a three month price history chart comparing the stock performance of IP, versus KS and DEL.
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