Fortress Paper Ltd. (TSE:FTP) to Release Earnings on Monday
Fortress Paper Ltd. (TSE:FTP) is set to issue its quarterly earnings data after the market closes on Monday, August 14th.
Shares of Fortress Paper Ltd. (FTP) opened at 6.00 on Monday. The firm has a market capitalization of $85.87 million and a price-to-earnings ratio of 5.19. The company’s 50-day moving average is $6.30 and its 200-day moving average is $7.37. Fortress Paper Ltd. has a 12-month low of $3.50 and a 12-month high of $8.70.
Separately, Raymond James Financial, Inc. reduced their target price on shares of Fortress Paper from C$9.00 to C$8.00 and set an “outperform” rating for the company in a research note on Monday, May 15th.
About Fortress Paper
Fortress Paper Ltd. produces and sells dissolving pulp and security paper products. The company offers dissolving pulp for use in the production of textile fibers, acetates, cellophanes, tire filaments, filters, and various chemical additives, as well as in pharmaceutical companies and the food industry as a binding agent.
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