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KP Tissue (TSE:KPT) Stock Passes Below 200 Day Moving Average - Time to Sell?

KP Tissue logo with Consumer Defensive background

KP Tissue Inc. (TSE:KPT - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$8.32 and traded as low as C$8.00. KP Tissue shares last traded at C$8.06, with a volume of 10,305 shares trading hands.

Analyst Ratings Changes

Separately, CIBC decreased their price objective on shares of KP Tissue from C$9.00 to C$8.50 in a research note on Wednesday, January 15th.

View Our Latest Stock Report on KP Tissue

KP Tissue Trading Down 2.4 %

The stock has a 50-day simple moving average of C$8.17 and a 200 day simple moving average of C$8.31. The stock has a market capitalization of C$77.77 million, a price-to-earnings ratio of 13.00, a price-to-earnings-growth ratio of -0.88 and a beta of 0.37.

Insider Buying and Selling

In related news, Director Mario Gosselin sold 18,000 shares of KP Tissue stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of C$8.19, for a total transaction of C$147,420.00. 0.14% of the stock is currently owned by corporate insiders.

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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