Resolute Forest Products Inc (RFP) Trading 6.6% Higher

Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) traded up 6.6% during mid-day trading on Tuesday . The company traded as high as C$7.07 and last traded at C$7.07. 9,346 shares changed hands during trading, an increase of 29% from the average session volume of 7,247 shares. The stock had previously closed at C$6.63.

The firm’s market cap is $627.35 million. The stock’s 50 day moving average price is $6.15 and its 200 day moving average price 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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