Shares of KP Tissue Inc. (TSE:KPT – Get Free Report) reached a new 52-week low during trading on Wednesday after CIBC lowered their price target on the stock from C$9.00 to C$8.50. The stock traded as low as C$7.98 and last traded at C$8.05, with a volume of 14343 shares changing hands. The stock had previously closed at C$8.05.
Insider Activity at KP Tissue
In related news, Director Mario Gosselin sold 18,000 shares of KP Tissue stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of C$8.19, for a total value of C$147,420.00. 0.14% of the stock is owned by insiders.
KP Tissue Price Performance
The company’s 50 day simple moving average is C$8.21 and its 200 day simple moving average is C$8.35. The firm has a market cap of C$80.06 million, a price-to-earnings ratio of 13.38, a P/E/G ratio of -0.88 and a beta of 0.37.
About KP Tissue
KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.
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