Resolute Forest Products (TSE:RFP) Hits New 1-Year High at $27.17

Resolute Forest Products Inc. (TSE:RFPGet Rating) (NYSE:RFP)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as C$27.17 and last traded at C$27.16, with a volume of 5835 shares trading hands. The stock had previously closed at C$27.07.

Resolute Forest Products Stock Performance

The company has a current ratio of 2.75, a quick ratio of 1.44 and a debt-to-equity ratio of 17.90. The company has a market cap of C$2.10 billion and a price-to-earnings ratio of 3.84. The stock has a 50 day moving average price of C$26.46 and a two-hundred day moving average price of C$21.08.

Resolute Forest Products (TSE:RFPGet Rating) (NYSE:RFP) last released its quarterly earnings data on Thursday, August 4th. The company reported C$2.55 EPS for the quarter. The company had revenue of C$1.35 billion during the quarter. Analysts predict that Resolute Forest Products Inc. will post 3.9300001 EPS for the current year.

About Resolute Forest Products

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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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