Wausau Paper Corp. Sets New 1-Year High at $13.92 (WPP)
Wausau Paper Corp. (NYSE:WPP) set a new 52-week high on Thursday, Analyst Ratings Net reports. The company traded as high as $13.92 and last traded at $13.87, with a volume of 130,396 shares. The stock had previously closed at $13.57.
A number of analysts have recently weighed in on WPP shares. Analysts at Zacks upgraded shares of Wausau Paper Corp. from an “underperform” rating to a “neutral” rating in a research note to investors on Monday, January 20th. They now have a $13.40 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Wausau Paper Corp. in a research note to investors on Monday, November 18th. They now have a $13.00 price target on the stock, down previously from $14.00.
Wausau Paper Corp. has a 52-week low of $9.56 and a 52-week high of $13.78. The stock has a 50-day moving average of $12.75 and a 200-day moving average of $12.18. The company’s market cap is $676.9 million.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, February 18th. Investors of record on Monday, February 3rd will be given a dividend of 0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, January 30th.
Wausau Paper Corp. (NYSE:WPP) manufactures, converts, and sells paper and paper products.
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