Intl Paper's most recent trend suggests a bearish bias. One trading opportunity on Intl Paper is a Bear Call Spread using a strike $36.00 short call and a strike $41.00 long call offers a potential 8.7% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $36.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $41.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Intl Paper is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Intl Paper is bearish.
The RSI indicator is at 37.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Intl Paper
International Paper's (IP) Earnings Trump Estimates in Q2
Thu, 30 Jul 2020 13:08:01 +0000
International Paper (IP) continues to focus on cash generation to strengthen its liquidity position amid the coronavirus crisis.
International Paper (IP) Beats Q2 Earnings Estimates
Thu, 30 Jul 2020 12:45:12 +0000
International Paper (IP) delivered earnings and revenue surprises of 102.63% and -5.03%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
International Paper: Q2 Earnings Insights
Thu, 30 Jul 2020 11:46:58 +0000
Shares of International Paper (NYSE:IP) rose 2.5% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share decreased 33.04% over the past year to $0.77, which beat the estimate of $0.38.Revenue of $4,866,000,000 decreased by 14.13% year over year, which missed the estimate of $4,970,000,000.Looking Ahead International Paper hasn't issued any earnings guidance for the time being.International Paper hasn't issued any revenue guidance for the time being.Conference Call Details Date: Jul 30, 2020View more earnings on IPTime: 10:00 AMET Webcast URL: http://www.internationalpaper.com/performance/presentations-events/audio-archivesPrice Action Company's 52-week high was at $47.64Company's 52-week low was at $26.38Price action over last quarter: Up 8.38%Company Overview International Paper manufactures packaging products and printing papers. It accounts for roughly one third of the North American corrugated packaging market and about 25% of the uncoated free sheet paper market. Though it has operations in Brazil, Russia, India, and China, more than three fourths of its sales come from North America.See more from Benzinga * Earnings Scheduled For July 30, 2020 * Benzinga's Top Upgrades, Downgrades For June 15, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
International Paper Reports Second Quarter 2020 Results
Thu, 30 Jul 2020 11:00:00 +0000
International Paper (NYSE: IP) today reported second quarter 2020 financial results.
What's in Store for International Paper's (IP) Q2 Earnings?
Tue, 28 Jul 2020 15:19:03 +0000
International Paper's (IP) second-quarter results are likely to be reflect lower price and mix, higher input and operating costs, and lower volume in few of its businesses.
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