Verso Corp (VRS) Downgraded by Zacks Investment Research to Sell
According to Zacks, “Verso Corporation is engaged in the paper industry. The Company produces coated freesheet, coated ground wood and uncoated super calendered papers and pulp. It serves to magazine and catalog publishers, commercial printers, specialty retail merchandisers and paper merchants. The company operates primarily in Kentucky, Maine, Maryland, Michigan, Minnesota and Wisconsin. Verso Corporation is based in Memphis, United States. “
Verso Corp (NYSE:VRS) opened at 5.28 on Tuesday. The firm has a market capitalization of $181.58 million and a price-to-earnings ratio of 0.38. The firm’s 50-day moving average price is $5.71 and its 200 day moving average price is $7.25. Verso Corp has a 1-year low of $4.37 and a 1-year high of $12.00.
Verso Corp Company Profile
Verso Corporation is a producer of coated papers, which are used in magazines, catalogs, advertising brochures and annual reports, among other media and marketing publications. The Company operates through two segments: paper and pulp. The Paper segment includes paper products, which are used in media and marketing applications, including catalogs, magazines, and commercial printing applications, such as advertising brochures, annual reports and direct-mail advertising.
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