KP Tissue (TSE:KPT) Shares Cross Below 200 Day Moving Average – What’s Next?

KP Tissue Inc. (TSE:KPTGet Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$8.37 and traded as low as C$8.11. KP Tissue shares last traded at C$8.11, with a volume of 14,302 shares changing hands.

KP Tissue Stock Down 0.2 %

The firm has a market capitalization of C$80.86 million, a PE ratio of 13.52, a price-to-earnings-growth ratio of -0.88 and a beta of 0.37. The business’s 50-day moving average price is C$8.23 and its 200-day moving average price is C$8.37.

Insider Buying and Selling at KP Tissue

In other news, Director Mario Gosselin sold 18,000 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of C$8.19, for a total transaction of C$147,420.00. Company insiders own 0.14% of the company’s stock.

About KP Tissue

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KP Tissue Inc, through its interest in Kruger Products L.P., produces, distributes, markets, and sells a range of disposable tissue products in Canada and the United States. The company operates through two segments, Consumer and Away-From-Home. It offers bathroom and facial tissues, paper towels, and napkins.

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