KP Tissue (TSE:KPT) Hits New 1-Year Low – Should You Sell?

KP Tissue Inc. (TSE:KPT)’s stock price hit a new 52-week low on Friday . The stock traded as low as C$7.98 and last traded at C$8.01, with a volume of 23981 shares traded. The stock had previously closed at C$8.06.

Wall Street Analyst Weigh In

Separately, CIBC cut their target price on shares of KP Tissue from C$9.00 to C$8.50 in a research report on Wednesday, January 15th.

KP Tissue Price Performance

The business has a 50 day moving average of C$8.18 and a 200 day moving average of C$8.32. The firm has a market capitalization of C$79.66 million, a price-to-earnings ratio of 13.32, a PEG ratio of -0.88 and a beta of 0.37.

Insider Activity at KP Tissue

In other news, Director Mario Gosselin sold 18,000 shares of the business’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of C$8.19, for a total value of C$147,420.00. 0.14% of the stock is currently owned by corporate insiders.

KP Tissue Company Profile

KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.