Canfor (OTCMKTS:CFPZF) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Canfor Co. (OTCMKTS:CFPZFGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.12 and traded as low as $9.34. Canfor shares last traded at $9.36, with a volume of 24,559 shares changing hands.

Canfor Stock Down 0.4 %

The firm has a 50 day moving average price of $10.34 and a two-hundred day moving average price of $11.12.

About Canfor

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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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