Resolute Forest Products (RFP) experienced unusually high volume on Feb. 04, as the stock lost 22.95% to a closing price of $4.13. The stock saw 838,468 shares trade hands over the course of the day on 4,584 trades. Given that the stock’s average daily volume over the last month has been 325,558 shares a day, this represents a pretty substantial spike over the norm.
Resolute Forest Products has a P/B ratio of 0.18. The stock has traded between $19.26 and $5.02 over the last 52-weeks, its 50-day SMA is now $7.10, and its 200-day SMA $9.65.
Resolute Forest Products Inc owns and operates pulp and paper mills and wood products facilities in the United States, Canada and South Korea, and power generation assets in Canada.
Headquartered in Montreal, QC, Resolute Forest Products has 7,700 employees and is currently under the leadership of CEO Richard Garneau.
For a complete fundamental analysis analysis of Resolute Forest Products, check out Equities.com’s Stock Valuation Analysis report for RFP. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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