Wausau Paper Corp. Hits New 52-Week High at $13.20 (WPP)
Shares of Wausau Paper Corp. (NYSE:WPP) hit a new 52-week high during trading hours on Monday, American Banking & Market News reports. The company traded as high as $13.20 and last traded at $13.17, with a volume of 35,207 shares trading hands. The stock had previously closed at $13.02.
A number of research firms have recently commented on WPP. Analysts at Zacks upgraded shares of Wausau Paper Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Friday, August 30th. They now have a $11.30 price target on the stock.
Wausau Paper Corp. has a one year low of $7.46 and a one year high of $13.22. The stock has a 50-day moving average of $12.23 and a 200-day moving average of $11.43. The company’s market cap is $653.5 million.
Wausau Paper Corp. (NYSE:WPP) last released its earnings data on Monday, July 29th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.01. The company had revenue of $87.62 million for the quarter, compared to the consensus estimate of $195.74 million.
Wausau Paper Corp. (NYSE:WPP) manufactures, converts, and sells paper and paper products.
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