Bak Packaging
BAKABBIST
Product information
What is Bak Packaging (BAKAB)?
Bak Ambalaj Sanayi ve Ticaret A.S. is an industrial company that has produced flexible packaging in Izmir since 1973. Production takes place at more than one facility in the Ataturk Organized Industrial Zone in Cigli. The company is part of the Bakioglu group, and BAKAB shares trade on Borsa Istanbul.
Bak Ambalaj produces printed, unprinted and laminated flexible packaging materials for various sectors. The products are used to package consumer goods, food in particular; prepress, the machinery fleet and quality control processes are all handled in-house. The bulk of the output is exported, chiefly to Western Europe, and when needed, shipments are made from storage facilities in Europe and the US. The company's R&D centre works on recyclable mono-material packaging solutions, and sustainability reports are published regularly.
For flexible packaging producers, investors watch polymer film and aluminium foil prices, ink and adhesive costs, packaging regulations in Europe, recyclability requirements, the euro exchange rate and export orders. A price history chart for BAKAB is available on its Lzzo.com page.
Sources: bakambalaj.com.tr
- Name
- Bak Packaging
- Symbol
- BAKAB
- Market
- Borsa Istanbul
What to look for in the technical analysis of Bak Packaging
Moving averages help assess the trend and RSI helps assess momentum. Indicators are calculated from real history; when there is not enough history or the required candle fields are missing, the indicator is not calculated. Past results do not guarantee future performance.
Technical indicators
Calculated from observed daily candles (at least 201 observations). No intraday indicators. Indicators are descriptive, not a buy/sell recommendation.
Investment Return CalculatorWith observed closes over the past year
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