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

Shares of KP Tissue Inc. (TSE:KPT) hit a new 52-week high on Tuesday . The stock traded as high as C$11.50 and last traded at C$11.45, with a volume of 8545 shares trading hands. The stock had previously closed at C$11.40.

Analyst Upgrades and Downgrades

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

KP Tissue Stock Performance

The business has a 50 day moving average price of C$11.06 and a 200-day moving average price of C$10.47. The company has a market capitalization of C$114.97 million, a price-to-earnings ratio of 13.51, a P/E/G ratio of -0.88 and a beta of 0.47.

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

About KP Tissue

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.