KP Tissue (OTCMKTS:KPTSF) Shares Up 1.8% – Should You Buy?

KP Tissue Inc. (OTCMKTS:KPTSF)’s share price shot up 1.8% on Thursday . The stock traded as high as $8.83 and last traded at $8.83. 114 shares were traded during mid-day trading, a decline of 77% from the average session volume of 502 shares. The stock had previously closed at $8.67.

Wall Street Analyst Weigh In

Separately, TD Securities restated a “hold” rating on shares of KP Tissue in a report on Friday, May 15th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, KP Tissue presently has a consensus rating of “Hold”.

KP Tissue Trading Up 1.8%

The firm has a fifty day moving average price of $8.19 and a 200 day moving average price of $7.76.

About KP Tissue

KP Tissue Inc is a Canadian manufacturer and marketer of tissue and hygiene products, operating as an independent public company since its spin-off from Kruger Inc in March 2013. Headquartered in Mississauga, Ontario, the company focuses on both consumer and away-from-home markets, leveraging its integrated manufacturing platform to produce a wide range of products designed for household, commercial, and institutional use.

The company’s product portfolio includes retail tissue brands such as Cashmere, Purex, Scotties, and SpongeTowels, as well as private-label offerings and specialty products for food service, healthcare, and industrial end users.