Karat Packaging Inc Surpasses 200-Day Moving Average, Shares Rise 10%

On Friday, shares of Karat Packaging Inc (Symbol: KRT) traded above their 200-day moving average of $28.08, reaching a peak of $30.11 per share. Currently, KRT is up about 10.1% for the day. The chart below illustrates the performance of KRT shares over the past year, compared to its 200-day moving average:

The chart indicates KRT’s 52-week low at $23 per share, with a high of $33.89. As of the last trade, the share price stands at $30.24.

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Click here to discover which 9 other dividend stocks recently crossed above their 200-day moving average.

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