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

KP Tissue Inc. (TSE:KPT)’s share price reached a new 52-week high during trading on Tuesday . The company traded as high as C$11.50 and last traded at C$11.45, with a volume of 8545 shares traded. The stock had previously closed at C$11.40.

Wall Street Analyst Weigh In

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

KP Tissue Stock Performance

The business’s fifty day moving average is C$11.06 and its 200-day moving average is C$10.47. The firm has a market cap of C$114.97 million, a P/E ratio of 13.51, a price-to-earnings-growth ratio of -0.88 and a beta of 0.47.

KP Tissue (TSE:KPT) last announced its quarterly earnings results on Wednesday, February 18th. The company reported C$0.26 earnings per share (EPS) for the quarter. Analysts predict that KP Tissue Inc. will post 0.4398964 EPS for the current fiscal year.

KP Tissue Company Profile

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.