KP Tissue Inc. (TSE:KPT - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$8.46 and traded as high as C$8.57. KP Tissue shares last traded at C$8.53, with a volume of 19,372 shares traded.
Analysts Set New Price Targets
Separately, TD Securities lifted their price objective on shares of KP Tissue from C$8.50 to C$9.00 and gave the company a "hold" rating in a research report on Wednesday, August 14th.
Get Our Latest Research Report on KPT
KP Tissue Trading Down 0.9 %
The company has a market capitalization of C$84.25 million, a P/E ratio of 14.08, a P/E/G ratio of -0.88 and a beta of 0.37. The company has a 50 day moving average price of C$8.48 and a 200 day moving average price of C$8.46.
KP Tissue (TSE:KPT - Get Free Report) last released its quarterly earnings data on Tuesday, August 13th. The company reported C$0.12 EPS for the quarter, missing analysts' consensus estimates of C$0.22 by C($0.10). The business had revenue of C$509.80 million for the quarter, compared to analysts' expectations of C$487.50 million. As a group, sell-side analysts forecast that KP Tissue Inc. will post 0.4400207 EPS for the current fiscal year.
KP Tissue Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Tuesday, October 15th will be paid a $0.18 dividend. The ex-dividend date is Friday, September 27th. This represents a $0.72 dividend on an annualized basis and a yield of 8.52%. KP Tissue's dividend payout ratio (DPR) is currently 120.00%.
KP Tissue Company Profile
(
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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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