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Barchart
Barchart
Will Ashworth

Reynolds Consumer Products Hits 52-Week Low. Here’s Why It Might Be Time to Buy.

Tuesday’s trading had 146 stocks hitting a 52-week high compared to 51 hitting 52-week lows. One of the 51 hitting a 52-week low was Reynolds Consumer Products (REYN), the maker of Reynolds Wrap aluminum foil, Hefty garbage bags, and other home-related items. 

According to Forbes, the company is 74% owned by a subsidiary of Packaging Holdings Limited, the holding company of New Zealand resident Graeme Hart, who is said to be the wealthiest person in the country with a net worth of $10.2 billion.

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