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31.3% Return Seen to Date on SmarTrend Domtar Corp Call (UFS)

Sep 09, 2019 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend identified a Downtrend for Domtar Corp (NYSE:UFS) on March 15th, 2019 at $49.67. In approximately 6 months, Domtar Corp has returned 31.30% as of today's recent price of $34.12.

Domtar Corp share prices have moved between a 52-week high of $54.50 and a 52-week low of $31.72 and are now trading 8% above that low price at $34.12 per share. Over the past week, the 200-day moving average (MA) has gone down 0.6% while the 50-day MA has declined 2.1%.

Domtar Corporation manufactures and markets uncoated freesheet paper. The Company also manufactures papergrade, fluff, and specialty pulp, as well as distributes business, printing and publishing papers, and certain industrial products. Domtar also manufactures and supplies a complete line of adult incontinence products and distributes disposable washcloths.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Domtar Corp.

Log in and add Domtar Corp (UFS) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Write to SmarTrend at cs@mysmartrend.com

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