Resolute Forest Products Inc (RFP) Shares Up 4.7%

Shares of Resolute Forest Products Inc (TSE:RFP) (NYSE:RFP) shot up 4.7% during mid-day trading on Tuesday . The stock traded as high as C$7.67 and last traded at C$7.65. 1,550 shares were traded during trading, a decline of 75% from the average session volume of 6,300 shares. The stock had previously closed at C$7.31.

The stock has a 50 day moving average of $6.72 and a 200-day moving average of $6.39. The company’s market cap is $686.59 million.

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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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