Volatile Movements: DENTSPLY SIRONA Inc (NASDAQ:XRAY), Sealed Air Corp (NYSE:SEE)

On Tuesday, Shares of DENTSPLY SIRONA Inc (NASDAQ:XRAY), added 2.20% and closed at $59.97 in the last trading session. The last trading range of the stock ranges between $58.45 and $60.41. The company’s Market capitalization is $13.49 Billion with the total Outstanding Shares of 231.60 million. During the 52-week trading session the minimum price at which share price traded, registered at $53.43 and reached to max level of $65.83. The EPS of company is strolling at 1.95. DENTSPLY SIRONA Inc. (“Dentsply Sirona”) (XRAY), The Dental Solutions CompanyTM, recently declared its financial results for the three months ended September 30, 2016.

Third Quarter 2016 Financial Results

Stated net sales of $954.2 million raised 47.0% contrast to $648.9 million in the third quarter of 2015.  For the three month period ended September 30, 2016, sales of the combined businesses1 grew 0.4% at constant currency exchange rates and internal growth2 was flat.

On a geographic basis, U.S. stated net sales, apart from precious metals, of $334.2 million raised 33.9% contrast to $249.5 million in the third quarter of 2015. Sales of the combined businesses1 declined 3.1% on a constant currency basis with internal growth down 3.2% during the three month period ended September 30, 20162.

Stated net sales in Europe, apart from precious metals, raised 41.3% to $348.3 million contrast to $246.5 million in the third quarter of 2015.  Sales of the combined businesses1 grew 1.6% on a constant currency basis with internal growth of 1.2% during the three month period ended September 30, 20162.

Shares of Sealed Air Corp (NYSE:SEE), jumped 0.99% and closed at $47.09 in the last trading session. The last trading range of the stock ranges between $46.61 and $47.18. The company’s Market capitalization is $9.08 Billion with the total Outstanding Shares of 193.31 million. During the 52-week trading session the minimum price at which share price traded, registered at $38.02 and reached to max level of $52.83. The EPS of company is strolling at 2.21. Sealed Air Corporation (SEE) recently declared the launch of its StealthWrap™ ultra durable cartoning solution, a patented micro-layer, opaque cartoning alternative which allows primary package cartons to be protected for transit without the need for outer boxes or additional packaging materials.

The company also declared that XPO Logistics (XPO), a leading global provider of transportation and supply chain solutions, will be the first to bring this innovative packaging solution to market in the logistics industry. XPO is deploying StealthWrap™ in several distribution centers where it fulfills and ships e-commerce orders for customers.

StealthWrap™ is an exclusively engineered packaging product that provides security and protection while eliminating the need for extra shipping cartons and packing materials. When applied, StealthWrap™ shrinks and adheres to the dimensions of the product, obscures any markings or identification of the product inside, and provides a strong, damage-resistant covering.

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