KP Tissue (OTCMKTS:KPTSF) Trading 0.9% Higher – Time to Buy?

KP Tissue Inc. (OTCMKTS:KPTSF) shot up 0.9% during mid-day trading on Monday . The stock traded as high as $9.42 and last traded at $9.42. 300 shares were traded during mid-day trading, a decline of 41% from the average session volume of 511 shares. The stock had previously closed at $9.34.

Analyst Ratings Changes

Separately, TD Securities reaffirmed a “hold” rating on shares of KP Tissue in a report on Friday, May 15th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, KP Tissue presently has an average rating of “Hold”.

KP Tissue Stock Performance

The firm has a 50-day simple moving average of $8.66 and a 200 day simple moving average of $8.03.

KP Tissue Company Profile

KP Tissue Inc is a Canadian manufacturer and marketer of tissue and hygiene products, operating as an independent public company since its spin-off from Kruger Inc in March 2013. Headquartered in Mississauga, Ontario, the company focuses on both consumer and away-from-home markets, leveraging its integrated manufacturing platform to produce a wide range of products designed for household, commercial, and institutional use.

The company’s product portfolio includes retail tissue brands such as Cashmere, Purex, Scotties, and SpongeTowels, as well as private-label offerings and specialty products for food service, healthcare, and industrial end users.