KP Tissue (TSE:KPT) Sets New 52-Week High – What’s Next?

KP Tissue Inc. (TSE:KPT) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$11.00 and last traded at C$10.80, with a volume of 5490 shares changing hands. The stock had previously closed at C$10.97.

Analyst Upgrades and Downgrades

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

KP Tissue Price Performance

The firm has a market cap of C$107.72 million, a price-to-earnings ratio of 12.71, a price-to-earnings-growth ratio of -0.88 and a beta of 0.49. The firm’s fifty day moving average is C$10.54 and its 200-day moving average is C$10.05.

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