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KP Tissue (TSE:KPT) Sets New 1-Year Low - Here's What Happened

KP Tissue logo with Consumer Defensive background

KP Tissue Inc. (TSE:KPT - Get Free Report) reached a new 52-week low on Monday . The company traded as low as C$7.61 and last traded at C$7.70, with a volume of 22401 shares trading hands. The stock had previously closed at C$7.82.

Wall Street Analyst Weigh In

A number of equities analysts have commented on KPT shares. CIBC lowered their price objective on KP Tissue from C$9.00 to C$8.50 in a research note on Wednesday, January 15th. Desjardins reduced their target price on KP Tissue from C$10.00 to C$8.50 and set a "hold" rating on the stock in a report on Thursday, March 6th.

Get Our Latest Report on KPT

KP Tissue Price Performance

The business's fifty day moving average price is C$7.94 and its 200 day moving average price is C$8.12. The stock has a market cap of C$78.45 million, a P/E ratio of 12.29, a PEG ratio of -0.88 and a beta of 0.37.

About KP Tissue

(Get Free Report)

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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