Orchids Paper Products Co. (DE) (TIS) is Trading Higher on Unusual Volume for December 21

Equities Staff |

Orchids Paper Products Co. (DE) (TIS) experienced unusually high volume on Dec. 21, as the stock gained 3.31% to a closing price of $30.58. The stock saw 140,185 shares trade hands over the course of the day on 509 trades. Given that the stock’s average daily volume over the last month has been 38,087 shares a day, this represents a pretty substantial spike over the norm.

Orchids Paper Products Co. (DE) has a P/B ratio of 2.36. It also has a P/E ratio of 24.3. The stock has traded between $32.00 and $21.42 over the last 52-weeks, its 50-day SMA is now $29.31, and its 200-day SMA $25.44.

Orchids Paper Products Co manufactures bulk tissue paper, known as parent rolls, and convert parent rolls into a line of tissue products, including paper towels, bathroom tissue and paper napkins, for the consumer, or 'at-home,' market.

Headquartered in Pryor, OK, Orchids Paper Products Co. (DE) has 313 employees and is currently under the leadership of CEO Jeffrey S. Schoen.

For a complete fundamental analysis analysis of Orchids Paper Products Co. (DE), check out Equities.com’s Stock Valuation Analysis report for TIS. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.

THE IMPORTANCE OF THE RUSSELL 3000

The Russell 3000 is not well known outside the world of finance, but it’s one of the strongest indices out there for getting a broad sense of the stock market. Unlike the better-known Dow Jones Industrial Average or S&P 500, membership on the Russell 3000 isn’t selected by committee. It’s simply the 3,000 most valuable companies in the country.

With 3,000 stocks making up the index, it gives a broad look at the markets, including the small-and mid-cap companies that aren’t on the Dow or the S&P 500. And with a rules-based system for determining membership, there’s no bias that could potentially limit membership. That’s why many financial professionals will turn to the Russell 3000 long before the better-known indices when trying to take the temperature of the market.

For more news on the financial markets, go to Equities.com. Also, learn more about our independent proprietary equity research reports and our robust do-it-yourself Stock Valuation Analysis reports in our Research section.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer

Comments

Emerging Growth

AfterMaster Inc

Studio One Media Inc is a diversified media and technology company. It is engaged in the development and commercialization of proprietary, edge audio and video technologies for professional and consumer…

Private Markets

Snapchat

Snapchat is the fastest way to share a moment with friends. The mobile app, allows users to not only share photos with friends but also control how long they can…

Lyft

Lyft matches drivers using their own personal vehicles with passengers who request rides through the smartphone app, and the passengers pay automatically through the app. When using Lyft, passengers have…