Resolute Forest Products (TSE:RFP) Stock Crosses Below Fifty Day Moving Average of $28.65

Resolute Forest Products Inc. (TSE:RFPGet Rating) (NYSE:RFP) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$28.65 and traded as low as C$28.49. Resolute Forest Products shares last traded at C$28.73, with a volume of 19,671 shares changing hands.

Resolute Forest Products Trading Up 0.6 %

The company has a debt-to-equity ratio of 16.85, a quick ratio of 1.60 and a current ratio of 2.91. The stock has a market capitalization of C$2.21 billion and a price-to-earnings ratio of 3.84. The business has a fifty day simple moving average of C$28.65 and a 200 day simple moving average of C$27.66.

Resolute Forest Products (TSE:RFPGet Rating) (NYSE:RFP) last released its quarterly earnings results on Thursday, November 3rd. The company reported C$1.42 EPS for the quarter. The business had revenue of C$1.27 billion during the quarter. As a group, research analysts expect that Resolute Forest Products Inc. will post 2.89 EPS for the current year.

About Resolute Forest Products

(Get Rating)

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.

Featured Stories

Receive News & Ratings for Resolute Forest Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resolute Forest Products and related companies with MarketBeat.com's FREE daily email newsletter.