Resolute Forest Products Inc. (TSE:RFP – Get Rating) (NYSE:RFP)’s stock price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$27.90 and traded as high as C$28.19. Resolute Forest Products shares last traded at C$28.13, with a volume of 6,128 shares traded.
Resolute Forest Products Price Performance
The company has a market cap of C$2.16 billion and a price-to-earnings ratio of 3.85. The company has a current ratio of 2.91, a quick ratio of 1.60 and a debt-to-equity ratio of 16.85. The company’s 50 day moving average price is C$27.90 and its 200 day moving average price is C$24.17.
About Resolute Forest Products
Resolute Forest Products Inc, together with its subsidiaries, operates in the forest products industry in the United States, Canada, Mexico, and internationally. The company operates through four segments: Market Pulp, Tissue, Wood Products, and Paper. The Market Pulp segment offers virgin and recycled bleached Kraft pulp, which is used to make a range of consumer products, including tissue, packaging, specialty paper products, diapers, and other absorbent products.
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