graphic packaging holding gpk hit a new 52week high yesterday, reaching a peak of 13.60 after opening at 13.51 and closing at 13.47 for a move of 0.59.hitting a new 52week high is a notable milestone for any company, and it can mean a trading opportunity on either the long or short side, depending on one&39s perspective. some view a company hitting its highest price in a year as a sign of momentum and think it means it&39s time to buy in. others, though, tend to interpret a new 52week high as likely signaling the end of a strong run, with the stock peaking out before a period of decline.however one plays it, it&rsquos often a critical moment for any stock and should be noted by investors.the new 52week high came on a volume of 5.03 million for a stock that has a float of 327.03 million shares and an average daily volume of 4.15 million. the day&39s trading means the company&39s market cap is now at 4.41 billion and it has a 50day sma of 12.20 and a 200day sma of 11.58.graphic packaging holding now has a pe ratio of 47.3.for a full analysis of graphic packaging holding, check out equities.com&39s e.v.a. report.graphic packaging holding co is a provider of paperboard and integrated paperboard packaging solutions to multinational beverage and consumer products companies.graphic packaging holding is based out of atlanta, ga and has some 12,900 employees. its ceo is david w. scheible.graphic packaging holding is also a component of the russell 2000 index, which is an invaluable tool for any smallcap investor. consisting of the smaller 2,000 publicly traded companies of the 3,000 largest companies in america by market cap which combine to make the broader russell 3000 index, the russell 2000 gives the most comprehensive snapshot of the smallcap market of any index out there.what&39s more, the russell 2000 is maintained by russell investments, a company committed to using rulesbased methodologies to construct unbiased indices that differ from the committeeselected dow jones industrial average or s&p 500.for more news on the financial markets, go to equities.com. also, learn more about our smallcap stars. register to become a member and leverage our proprietary research tools such as the smallcap stars, and robust doityourself equities valuation analysis e.v.a. research reports.all data provided by quotemedia and was accurate as of 430pm et.disclosure the views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.liked what you read join equities.com and connect with your favorite financial experts for free members of equities.com gain access to our leading financial news and content, active social investment community, proprietary research tools including the 2014 smallcap stars, e.v.a. reports and more. 
