Canfor (OTCMKTS:CFPZF) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Canfor Co. (OTCMKTS:CFPZFGet Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $10.03 and traded as high as $10.04. Canfor shares last traded at $10.04, with a volume of 50,176 shares changing hands.

Canfor Stock Up 2.4%

The firm has a fifty day moving average price of $10.03 and a 200 day moving average price of $10.75.

Canfor Company Profile

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Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy.

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