Fortress Paper (TSE:FTP) Trading 3.4% Higher – Should You Buy?

Fortress Paper Ltd. (TSE:FTPGet Free Report)’s stock price was up 3.4% on Monday . The company traded as high as C$3.36 and last traded at C$3.36. Approximately 5,525 shares traded hands during mid-day trading, an increase of 65% from the average daily volume of 3,354 shares. The stock had previously closed at C$3.25.

Fortress Paper Stock Performance

The business has a fifty day moving average price of C$3.36.

Fortress Paper Company Profile

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Fortress Paper Ltd. is a Canada-based producer of specialty pulp, security papers and other security related products. The Company operates through two segments: the Dissolving Pulp and the Security Paper Products. The Company operates its dissolving pulp business through the Fortress Specialty Cellulose (FSC) mill located in Thurso, Quebec, Canada, which also operates in the renewable energy generation sector through its cogeneration facility.

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