Shares of Cascades Inc. (OTCMKTS:CADNF – Get Free Report) fell 6.3% on Friday . The company traded as low as $6.05 and last traded at $6.05. 2,347 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 3,239 shares. The stock had previously closed at $6.46.
Cascades Stock Down 6.3 %
The company has a 50 day simple moving average of $6.76 and a 200-day simple moving average of $7.78.
About Cascades
Cascades Inc produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It offers various packaging solutions and tissue products comprised of recycled fibers; tissue papers, comprising parent rolls of virgin and recycled fibres; specialty products, including uncoated recycled boxboards; and containerboards.
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