Canfor Co. (OTCMKTS:CFPZF – Get Free Report) passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $9.65 and traded as low as $8.5770. Canfor shares last traded at $8.5770, with a volume of 8,177 shares changing hands.
Wall Street Analysts Forecast Growth
Separately, TD Securities reaffirmed a “buy” rating on shares of Canfor in a report on Tuesday, August 5th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, Canfor currently has a consensus rating of “Buy”.
Read Our Latest Research Report on Canfor
Canfor Stock Down 0.1%
About Canfor
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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