KP Tissue Inc. (TSE:KPT - Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$8.44 and traded as high as C$8.52. KP Tissue shares last traded at C$8.42, with a volume of 20,145 shares traded.
Wall Street Analyst Weigh In
Separately, TD Securities boosted 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.
View Our Latest Research Report on KPT
KP Tissue Stock Performance
The company has a market capitalization of C$82.55 million, a PE ratio of 14.07, a P/E/G ratio of -0.88 and a beta of 0.37. The stock has a 50 day moving average price of C$8.47 and a two-hundred day moving average price of C$8.44.
KP Tissue (TSE:KPT - Get Free Report) last issued its quarterly earnings data on Tuesday, August 13th. The company reported C$0.12 earnings per share for the quarter, missing the consensus estimate of C$0.22 by C($0.10). The company had revenue of C$509.80 million for the quarter, compared to analysts' expectations of C$487.50 million. Sell-side analysts predict that KP Tissue Inc. will post 0.4398964 earnings per share for the current year.
KP Tissue Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Tuesday, October 15th will be given a $0.18 dividend. The ex-dividend date of this dividend is Friday, September 27th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 8.70%. KP Tissue's dividend payout ratio is currently 120.00%.
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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