Zacks Investment Research downgraded Turning Point Brands Inc (NYSE:TPB) to Strong Sell in a report released today.
- Updated: October 12, 2016
Yesterday Turning Point Brands Inc (NYSE:TPB) traded -0.24% lower at $12.27. The company’s 50-day moving average is $13.20 and its 200-day moving average is $11.30. The last closing price is up 8.56% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 14,049 shares of the stock traded hands, down from an average trading volume of 25,051
Zacks Investment Research has downgraded Turning Point Brands Inc (NYSE:TPB) to Strong Sell in a report released on 10/13/2016.
Previously on 10/11/2016, FBR & Co. reported on Turning Point Brands Inc (NYSE:TPB) increased the target price from $13.00 to $14.00. At the time, this indicated a possible upside of 0.13%.
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Turning Point Brands Inc has a 52 week low of $6.46 and a 52 week high of $16.14 with a P/E ratio of 13.40 The company’s market cap is currently $0.
General Information About Turning Point Brands Inc (NYSE:TPB)
Turning Point Brands, Inc., formerly North Atlantic Holding Company, Inc., is a provider of Other Tobacco Products (OTP) in the United States. The Company operates through three segments: smokeless products, smoking products and NewGen products. The Smokeless products market consists of approximately four product categories, which includes loose leaf chewing tobacco, Moist Snuff, Moist Snuff Pouches and Snus. The smoking products consist of various product categories, including cigarette papers, large cigars, (MYO cigar wraps and MYO cigar smoking tobacco, MYO cigarette smoking tobacco and related products, and traditional pipe tobacco. The NewGen products consist of various products, such as liquid vapor products, tobacco vaporizer products and a range of non-tobacco products and other non-nicotine products. Its portfolio of brands includes Zig-Zag, Beech-Nut, Stoker's, Trophy, Havana Blossom, Durango, Our Pride and Red Cap.
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