Tembec (TSE:TMB) Trading 3.6% Higher – Still a Buy?

by · The Markets Daily

Tembec Inc (TSE:TMB – Get Free Report)’s share price 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 50 day simple moving average 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.

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