KP Tissue (TSE:KPT) Sets New 12-Month High – What’s Next?

KP Tissue Inc. (TSE:KPT) reached a new 52-week high on Tuesday . The stock traded as high as C$11.50 and last traded at C$11.45, with a volume of 8545 shares. The stock had previously closed at C$11.40.

Analysts Set New Price Targets

Separately, National Bank Financial lifted their price objective on shares of 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 analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$10.25.

KP Tissue Trading Up 0.8%

The stock has a market capitalization of C$116.07 million, a PE ratio of 13.64, a PEG ratio of -0.88 and a beta of 0.47. The firm’s 50-day simple moving average is C$11.10 and its two-hundred day simple moving average is C$10.51.

KP Tissue (TSE:KPT) last posted its quarterly earnings data on Thursday, May 14th. The company reported C$0.22 earnings per share for the quarter. As a group, research analysts expect that KP Tissue Inc. will post 0.4398964 earnings per share 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.