Tembec (TSE:TMB) Trading 3.6% Higher – Here’s Why

Shares of Tembec Inc (TSE:TMBGet Free Report) traded up 3.6% on Monday . The stock traded as high as C$5.19 and last traded at C$5.18. 53,538 shares changed hands during trading, a decline of 80% from the average session volume of 262,250 shares. The stock had previously closed at C$5.00.

Tembec Price Performance

The business has a fifty day moving average price of C$5.18.

About Tembec

(Get Free Report)

Tembec Inc is a Canada-based company engaged in the forest products business. It operates through four segments: Forest Products, Specialty Cellulose Pulp, Paper Pulp and Paper. The Forest Products segment consists primarily of forest and sawmill operations, which produce softwood lumber spruce/pine/fir (SPF) and specialty wood lumber.

Featured Stories

Receive News & Ratings for Tembec Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tembec and related companies with MarketBeat.com's FREE daily email newsletter.