Jefferies Financial Group began coverage on shares of Orora (OTCMKTS:ORRAF) in a report published on Friday, The Fly reports. The brokerage issued a buy rating on the stock.
ORRAF traded down $0.01 during midday trading on Friday, reaching $2.05. 239 shares of the company’s stock traded hands, compared to its average volume of 2,102. The firm has a fifty day moving average of $1.93 and a two-hundred day moving average of $2.13. Orora has a 52 week low of $1.84 and a 52 week high of $2.44.
Orora Limited manufactures and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company offers glass bottles, aluminum cans, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, recycled paper, rigid and flexible packaging, bags and sacks, general packaging, and general packaging materials and supplies.
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