Cascades Inc. (OTCMKTS:CADNF – Get Free Report)’s share price dropped 1.9% on Friday . The stock traded as low as $6.74 and last traded at $6.74. Approximately 5,750 shares were traded during mid-day trading, a decline of 50% from the average daily volume of 11,507 shares. The stock had previously closed at $6.87.
Cascades Stock Down 1.9%
The company’s fifty day simple moving average is $6.55 and its two-hundred day simple moving average is $7.25.
Cascades Company Profile
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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