Today, the SVP & CLO of Resolute Forest (RFP), Jacques Vachon, sold shares of RFP for $359.2K.
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Based on Resolute Forest’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $932 million and quarterly net profit of $36 million. In comparison, last year the company earned revenue of $898 million and had a net profit of $13 million. RFP’s market cap is $772.1M and the company has a P/E ratio of 3.40. Currently, Resolute Forest has an average volume of 71.26K.
The insider sentiment on Resolute Forest has been negative according to 41 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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Resolute Forest Products, Inc. provides forest products. It owns and operates pulp & paper mills, and wood products facilities located in the United States, Canada and South Korea. The company operates its business through the following segments: Newsprint, Specialty Papers, Tissue, Market Pulp and Wood Products.
