Kangaroo Island Plantation Timbers (ASX:KPT) Trading 0.4% Higher

Kangaroo Island Plantation Timbers Ltd (ASX:KPT) shares traded up 0.4% during mid-day trading on Thursday . The company traded as high as A$2.35 ($1.67) and last traded at A$2.33 ($1.65), 14,052 shares were traded during mid-day trading. The stock had previously closed at A$2.32 ($1.65).

The company has a current ratio of 8.51, a quick ratio of 7.86 and a debt-to-equity ratio of 21.51. The firm’s fifty day moving average price is A$2.34. The stock has a market capitalization of $131.79 million and a PE ratio of 474.00.

Kangaroo Island Plantation Timbers Company Profile (ASX:KPT)

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Kangaroo Island Plantation Timbers Limited, together with its subsidiaries, engages in the forestry management activities in Australia. It is involved in the management of hardwood and softwood forestry plantations; and production of timber on the Kangaroo Island, as well as milling operations. The company was formerly known as RuralAus Investments Limited and changed its name to Kangaroo Island Plantation Timbers Limited in July 2013.

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