Resolute Forest Products Inc. (TSE:RFP – Get Free Report) (NYSE:RFP) shares passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$29.43 and traded as low as C$28.41. Resolute Forest Products shares last traded at C$29.43, with a volume of 356,513 shares changing hands.
Resolute Forest Products Trading Down 5.8 %
The company’s 50-day moving average is C$29.43. The firm has a market capitalization of C$2.26 billion, a P/E ratio of 3.76 and a beta of 2.65. The company has a debt-to-equity ratio of 16.85, a current ratio of 2.91 and a quick ratio of 1.60.
Resolute Forest Products Company Profile
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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