Domtar (TSE:UFS) Stock Price Crosses Above 50 Day Moving Average of $46.93
Shares of Domtar Corp (TSE:UFS) (NYSE:UFS) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $46.93 and traded as high as $48.48. Domtar shares last traded at $48.11, with a volume of 20,301 shares changing hands.
The firm has a market capitalization of $2.77 billion and a PE ratio of 10.68. The company has a quick ratio of 1.04, a current ratio of 2.20 and a debt-to-equity ratio of 34.94. The stock’s fifty day simple moving average is C$46.77 and its 200 day simple moving average is C$57.82.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Shareholders of record on Wednesday, October 2nd will be issued a dividend of $0.60 per share. The ex-dividend date is Tuesday, October 1st. This represents a $2.40 dividend on an annualized basis and a yield of 5.01%. Domtar’s dividend payout ratio is currently 39.22%.
Domtar Corporation designs, manufactures, markets, and distributes various communication papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates in two segments, Pulp and Paper, and Personal Care. The company offers business papers, including copy and electronic imaging papers for use with inkjet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use.
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