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

KP Tissue Inc. (TSE:KPT) hit a new 52-week high during trading on Monday . The company traded as high as C$10.49 and last traded at C$10.50, with a volume of 20326 shares traded. The stock had previously closed at C$10.45.

Analysts Set New Price Targets

Separately, CIBC upped their price objective on shares of 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.com, the stock has a consensus rating of “Hold” and a consensus price target of C$10.00.

KP Tissue Price Performance

The stock has a market capitalization of C$105.08 million, a PE ratio of 26.92, a P/E/G ratio of -0.88 and a beta of 0.25. The company’s 50 day moving average price is C$9.92 and its two-hundred day moving average price is C$9.52.

KP Tissue (TSE:KPT) last released its quarterly earnings data on Thursday, November 13th. The company reported C$0.15 EPS for the quarter. Analysts forecast that KP Tissue Inc. will post 0.4398964 earnings per share for the current year.

Insiders Place Their Bets

In other KP Tissue news, Director Michel Manseau sold 3,000 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of C$10.41, for a total value of C$31,230.00. Company insiders own 0.14% of the company’s stock.

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.