Domtar (TSE:UFS) Shares Cross Above 50 Day Moving Average – Here’s What Happened

by · The Cerbat Gem

Domtar Co. (TSE:UFS – Get Free Report) (NYSE:UFS)’s stock price passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$71.48 and traded as high as C$71.48. Domtar shares last traded at C$71.48, with a volume of 1,772 shares trading hands.

Domtar Stock Performance

The company has a market capitalization of C$3.60 billion, a price-to-earnings ratio of 129.96, a P/E/G ratio of 2.20 and a beta of 1.80. The company has a current ratio of 2.23, a quick ratio of 1.57 and a debt-to-equity ratio of 93.95. The business’s 50 day moving average is C$71.48.

About Domtar

(Get Free Report)

Domtar Corporation designs, manufactures, markets, and distributes communication papers, specialty and packaging papers, and absorbent hygiene products in the United States, Canada, Europe, Asia, and internationally. It operates through two segments, Pulp and Paper, and Personal Care. The company provides business papers, including copy and electronic imaging papers used in inkjet and laser printers, photocopiers, and plain-paper fax machines, as well as computer papers, preprinted forms, and digital papers for office and home use.

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