Shares of Cascades Inc. (OTCMKTS:CADNF – Get Free Report) were down 0.9% during trading on Wednesday . The company traded as low as $8.2165 and last traded at $8.2165. 18,058 shares were traded during trading, a decline of 30% from the average session volume of 25,646 shares. The stock had previously closed at $8.29.
Analyst Ratings Changes
Separately, Canadian Imperial Bank of Commerce reissued a “neutral” rating on shares of Cascades in a research report on Tuesday, June 23rd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.
View Our Latest Stock Report on CADNF
Cascades Trading Down 0.9%
Cascades Company Profile
Cascades Inc is a Canadian leader in the production, conversion and marketing of packaging and tissue products composed mainly of recycled fibres. Headquartered in Kingsey Falls, Quebec, the company operates a network of manufacturing facilities across North America and Europe. Since its founding in 1964, Cascades has focused on sustainable solutions that meet the needs of consumer goods companies, retailers and foodservice businesses.
The company’s operations are organized into three primary segments: packaging specialties, tissue papers and recovery and recycling.
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