NEW YORK (
) hit a new 52-week high Thursday as it is currently trading at $94.12, above its previous 52-week high of $93.89 with 138,496 shares traded as of 9:48 a.m. ET. Average volume has been 504,000 shares over the past 30 days.
Domtar has a market cap of $3.7 billion and is part of the
industry. Shares are up 19.7% year to date as of the close of trading on Wednesday.
Domtar Corporation engages in the design, manufacture, marketing, and distribution of uncoated freesheet paper, papergrade, fluff, and specialty pulp products in North America. The company operates in two segments, Papers and Paper Merchants. The company has a P/E ratio of 6.5, equal to the average consumer non-durables industry P/E ratio and below the S&P 500 P/E ratio of 16.9.
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TheStreet Ratings rates Domtar as a
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. You can view the full
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