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