Insider Selling: KP Tissue (TSE:KPT) Director Sells 3,000 Shares of Stock

KP Tissue Inc. (TSE:KPT) Director Michel Manseau sold 3,000 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The stock was sold at an average price of C$10.41, for a total transaction of C$31,230.00.

KP Tissue Price Performance

KP Tissue stock traded down C$0.10 during trading hours on Thursday, reaching C$10.33. The company had a trading volume of 4,001 shares, compared to its average volume of 16,470. The firm has a market cap of C$103.38 million, a price-to-earnings ratio of 26.49, a P/E/G ratio of -0.88 and a beta of 0.25. The company has a 50-day moving average price of C$9.77 and a 200 day moving average price of C$9.46. KP Tissue Inc. has a 12-month low of C$7.54 and a 12-month high of C$10.50.

KP Tissue (TSE:KPT) last announced its quarterly earnings data on Thursday, November 13th. The company reported C$0.15 earnings per share (EPS) for the quarter. As a group, research analysts expect that KP Tissue Inc. will post 0.4398964 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, CIBC raised their price target on KP Tissue from C$10.50 to C$11.00 in a research report on Friday, November 14th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of C$10.00.

KP Tissue Company Profile

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.