Fortress Paper (TSE:FTP) Stock Passes Above 200-Day Moving Average – Time to Sell?

Fortress Paper Ltd. (TSE:FTPGet Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$3.36. Fortress Paper shares last traded at C$3.36, with a volume of 5,525 shares changing hands.

Fortress Paper Price Performance

The firm’s 50 day moving average price is C$3.36.

Fortress Paper Company Profile

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Fortress Paper Ltd. is a Canada-based producer of specialty pulp, security papers and other security related products. The Company operates through two segments: the Dissolving Pulp and the Security Paper Products. The Company operates its dissolving pulp business through the Fortress Specialty Cellulose (FSC) mill located in Thurso, Quebec, Canada, which also operates in the renewable energy generation sector through its cogeneration facility.

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