KP Tissue (TSE:KPT) Sets New 52-Week High – Here’s What Happened

KP Tissue Inc. (TSE:KPT)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as C$11.00 and last traded at C$10.80, with a volume of 5490 shares. The stock had previously closed at C$10.97.

Wall Street Analyst Weigh In

Separately, National Bank Financial raised their price target on shares of KP Tissue from C$10.00 to C$11.00 and gave the company a “sector perform” rating in a report on Monday, February 2nd. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, KP Tissue currently has an average rating of “Hold” and an average price target of C$10.25.

KP Tissue Stock Performance

The firm has a fifty day moving average of C$10.56 and a 200-day moving average of C$10.06. The stock has a market capitalization of C$108.12 million, a price-to-earnings ratio of 12.75, a P/E/G ratio of -0.88 and a beta of 0.49.

KP Tissue (TSE:KPT) last issued its quarterly earnings data on Wednesday, February 18th. The company reported C$0.26 EPS for the quarter. On average, analysts predict that KP Tissue Inc. will post 0.4398964 EPS for the current year.

About KP Tissue

KP Tissue Inc operates as a holding company. The firm produces, distributes, markets, and sells a range of disposable tissue products in North America. It offers bathroom and facial tissues, paper towels, paper towels, and napkins, as well as disposable wiping products and washroom dispensing systems.