Orchids Paper Products Company ( TIS ) saw a big move last session, as the company's shares fell by nearly 6% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for TIS, as the stock is now down about 1% in the past one-month time frame.
This slump shouldn't be too much of a surprise to investors, as an integrated manufacturer of tissue paper products has not seen any revisions in the past few weeks and its current year earnings consensus has also remained flat over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.
TIS currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.
Some better-ranked stocks in the same sector include Resolute Forest Products Inc. ( RFP ), Stora Enso Oyj ( SEOAY ) and UPM-Kymmene Oyj ( UPMKY ). All these stocks hold a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days . Click to get this free report >>
RESOLUTE FOREST (RFP): Free Stock Analysis Report
STORA ENSO -ADR (SEOAY): Get Free Report
ORCHIDS PAPER (TIS): Free Stock Analysis Report
UPM-KYMMENE ADR (UPMKY): Get Free Report
To read this article on Zacks.com click here.
Zacks Investment Research