Fortress Paper (TSE:FTP) Shares Pass Above 200-Day Moving Average – What’s Next?

Fortress Paper Ltd. (TSE:FTPGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.00 and traded as high as C$3.36. Fortress Paper shares last traded at C$3.36, with a volume of 5,525 shares changing hands.

Fortress Paper Stock Performance

The business’s 50-day simple moving average is 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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