International Paper Company Stock Bullish Momentum With A 10.96% Rise On Tuesday

(VIANEWS) – The NYSE ended the session with International Paper Company rising 10.96% to $38.77 on Tuesday, after two sequential sessions in a row of losses. NYSE jumped 0.52% to $17,975.79, following the last session’s upward trend on what was a somewhat bullish trend trading session today.

International Paper Company’s last close was $34.94, 8.56% below its 52-week high of $38.21.

About International Paper Company

International Paper Company produces and sells renewable fiber-based packaging and pulp products in North America, Latin America, Europe, and North Africa. It operates through two segments, Industrial Packaging and Global Cellulose Fibers. The company offers linerboard, medium, whitetop, recycled linerboard, recycled medium and saturating kraft; and pulp for a range of applications, such as diapers, towel and tissue products, feminine care, incontinence, and other personal care products, as well as specialty pulps for use in textiles, construction materials, paints, coatings, and others. It sells its products directly to end users and converters, as well as through agents, resellers, and distributors. The company was founded in 1898 and is headquartered in Memphis, Tennessee.

Earnings Per Share

As for profitability, International Paper Company has a trailing twelve months EPS of $0.86.

PE Ratio

International Paper Company has a trailing twelve months price to earnings ratio of 45.08. Meaning, the purchaser of the share is investing $45.08 for every dollar of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.58%.

Moving Average

International Paper Company’s value is higher than its 50-day moving average of $35.81 and way higher than its 200-day moving average of $34.33.

More news about International Paper Company (IP).

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