Interfor (OTCMKTS:IFSPF) Trading 1.9% Higher – What’s Next?

Interfor Co. (OTCMKTS:IFSPF)’s stock price rose 1.9% during trading on Thursday . The company traded as high as $8.95 and last traded at $8.76. Approximately 82,974 shares changed hands during trading, an increase of 171% from the average daily volume of 30,597 shares. The stock had previously closed at $8.5990.

Analyst Ratings Changes

A number of brokerages have weighed in on IFSPF. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Interfor in a research report on Tuesday, May 19th. Raymond James Financial lowered Interfor from a “strong-buy” rating to an “outperform” rating in a research note on Thursday, April 23rd. Finally, TD Securities restated a “hold” rating on shares of Interfor in a report on Tuesday, May 19th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

Interfor Trading Up 1.9%

The firm has a fifty day moving average price of $7.77 and a 200 day moving average price of $7.39.

Interfor Company Profile

Interfor Corporation is a leading global manufacturer of wood products, headquartered in Vancouver, British Columbia. The company operates a network of sawmills across Canada and the United States, producing a wide range of softwood lumber items for residential, commercial and industrial construction. Interfor’s product portfolio includes dimension lumber, timbers, boards and specialty wood products designed to meet the needs of building material distributors, home center retail channels and industrial end-users.

Interfor’s operations span premier timber-growing regions in British Columbia, Alberta, Washington State and Oregon.