KP Tissue (TSE:KPT) Reaches New 1-Year High – Here’s What Happened

KP Tissue Inc. (TSE:KPT)’s share price hit a new 52-week high during trading on Monday . The company traded as high as C$11.45 and last traded at C$11.41, with a volume of 4708 shares. The stock had previously closed at C$11.35.

Wall Street Analysts Forecast Growth

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

KP Tissue Price Performance

The firm has a market capitalization of C$113.50 million, a P/E ratio of 13.39, a P/E/G ratio of -0.88 and a beta of 0.43. The stock’s fifty day simple moving average is C$11.02 and its 200 day simple moving average is C$10.40.

KP Tissue (TSE:KPT) last announced its earnings results on Wednesday, February 18th. The company reported C$0.26 EPS for the quarter. As a group, sell-side analysts forecast 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.