Resolute Forest Products Inc. (TSE:RFP – Get Free Report) (NYSE:RFP) shares crossed below its fifty day moving average during trading on Monday . 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 stock’s 50-day moving average price is C$29.43. The company has a market cap of C$2.26 billion, a PE ratio of 3.76 and a beta of 2.65. The company has a debt-to-equity ratio of 16.85, a quick ratio of 1.60 and a current ratio of 2.91.
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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