Orchids Paper Products Co. (fka TISUQ)

[FUNMAN]

Orchids Paper Products Company (TIS) Stock Rating Upgraded by Zacks Investment Research

Even though this is positive, I hate Zacks. I think they are full of it.

By Dan Jones - April 21, 2017

Orchids Paper Products Company (NYSEMKT:TIS) was upgraded by Zacks Investment Research from a “strong sell” rating to a “hold” rating in a report released on Wednesday.

According to Zacks, “Orchids Paper Products Company is a tissue paper company that manufacturers and converts tissue product for the private label consumer market. “

Separately, Jefferies Group LLC upped their target price on Orchids Paper Products Company from $25.00 to $26.00 and gave the company a “hold” rating in a report on Wednesday, March 8th.

Shares of Orchids Paper Products Company (NYSEMKT:TIS) opened at 24.30 on Wednesday. Orchids Paper Products Company has a 12-month low of $22.50 and a 12-month high of $36.31. The firm has a market cap of $250.34 million, a P/E ratio of 19.60 and a beta of 0.48. The firm has a 50-day moving average price of $25.20 and a 200-day moving average price of $26.12.

The firm also recently declared a dividend, which was paid on Monday, April 3rd. Investors of record on Monday, February 27th were given a dividend of $0.35 per share. The ex-dividend date was Thursday, February 23rd. Orchids Paper Products Company’s payout ratio is 88.61%.