Cascades Inc. (OTCMKTS:CADNF – Get Free Report) shares rose 7.6% during trading on Tuesday . The company traded as high as $8.49 and last traded at $8.49. Approximately 21,565 shares were traded during mid-day trading, an increase of 182% from the average daily volume of 7,649 shares. The stock had previously closed at $7.89.
Cascades Price Performance
The stock’s 50-day moving average is $8.13 and its 200 day moving average is $7.43.
About Cascades
Cascades Inc produces, converts, and markets packaging and tissue products in Canada and the United States. The company operates through three segments: Containerboard, Specialty Products, and Tissue Papers. It offers various packaging solutions and tissue products comprised of recycled fibers; tissue papers, comprising parent rolls of virgin and recycled fibres; specialty products, including uncoated recycled boxboards; and containerboards.
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