Resolute Forest Products Inc. (TSE:RFP – Get Free Report) (NYSE:RFP)’s stock price dropped 5.8% during trading on Monday . The company traded as low as C$28.41 and last traded at C$29.43. Approximately 356,513 shares were traded during mid-day trading, an increase of 1,029% from the average daily volume of 31,579 shares. The stock had previously closed at C$31.23.
Resolute Forest Products Trading Down 5.8 %
The stock has a market cap of C$2.26 billion, a PE ratio of 3.76 and a beta of 2.65. The company has a debt-to-equity ratio of 16.85, a current ratio of 2.91 and a quick ratio of 1.60. The firm has a fifty day moving average price of C$29.43.
About Resolute Forest Products
Resolute Forest Products Inc, together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates through four segments: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp segment offers virgin and recycled bleached Kraft pulp, which is used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products.
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