Cascades (OTCMKTS:CADNF) Trading Up 7.6% – Should You Buy?

Cascades Inc. (OTCMKTS:CADNFGet Free Report) traded up 7.6% during trading on Tuesday . The stock traded as high as $8.49 and last traded at $8.49. 21,565 shares changed hands during trading, an increase of 182% from the average session volume of 7,649 shares. The stock had previously closed at $7.89.

Cascades Price Performance

The stock has a 50 day simple moving average of $8.13 and a two-hundred day simple moving average of $7.43.

About Cascades

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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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