KP Tissue (OTCMKTS:KPTSF) Stock Price Up 1.8% – Here’s Why

KP Tissue Inc. (OTCMKTS:KPTSFGet Free Report)’s stock price rose 1.8% during mid-day trading on Thursday . The stock traded as high as $8.83 and last traded at $8.83. Approximately 114 shares changed hands during trading, a decline of 77% from the average daily volume of 502 shares. The stock had previously closed at $8.67.

Analyst Ratings Changes

Separately, TD Securities reissued a “hold” rating on shares of KP Tissue in a research note on Friday, May 15th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, KP Tissue currently has an average rating of “Hold”.

Read Our Latest Stock Report on KP Tissue

KP Tissue Stock Performance

The business’s fifty day simple moving average is $8.21 and its 200 day simple moving average is $7.77.

About KP Tissue

(Get Free Report)

KP Tissue Inc is a Canadian manufacturer and marketer of tissue and hygiene products, operating as an independent public company since its spin-off from Kruger Inc in March 2013. Headquartered in Mississauga, Ontario, the company focuses on both consumer and away-from-home markets, leveraging its integrated manufacturing platform to produce a wide range of products designed for household, commercial, and institutional use.

The company’s product portfolio includes retail tissue brands such as Cashmere, Purex, Scotties, and SpongeTowels, as well as private-label offerings and specialty products for food service, healthcare, and industrial end users.

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