Resolute Forest Products Inc (RFP) Trading Up 7%
Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) shares were up 7% during trading on Monday . The stock traded as high as C$6.61 and last traded at C$6.61. Approximately 7,000 shares changed hands during trading, a decline of 12% from the average daily volume of 7,943 shares. The stock had previously closed at C$6.18.
The stock’s market cap is $588.76 million. The firm’s 50-day moving average is $6.03 and its 200 day moving average is $6.32.
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About Resolute Forest Products
Resolute Forest Products Inc operates in the forest products industry. It offers a range of forest products, including market pulp, tissue, wood products, newsprint and specialty papers. As of December 31, 2016, it owned or operated over 40 pulp, paper, tissue and wood products facilities in the United States and Canada.
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