Canfor Pulp Products (OTCMKTS:CFPUF) Share Price Passes Below Two Hundred Day Moving Average of $6.34

Canfor Pulp Products Inc (OTCMKTS:CFPUF)’s stock price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.34 and traded as low as $2.87. Canfor Pulp Products shares last traded at $2.87, with a volume of 250 shares.

CFPUF has been the subject of several research analyst reports. Royal Bank of Canada upgraded shares of Canfor Pulp Products from a “sector perform” rating to an “outperform” rating in a report on Tuesday, March 17th. CIBC raised shares of Canfor Pulp Products from a “neutral” rating to an “outperform” rating in a research report on Monday, January 13th.

The firm has a fifty day simple moving average of $5.13 and a 200-day simple moving average of $6.32.

Canfor Pulp Products Company Profile (OTCMKTS:CFPUF)

Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in North America, Europe, Asia, and internationally. The company operates through two segments, Pulp and Paper. It offers solid wood; bleached and unbleached softwood pulp; and bleached and unbleached kraft, and coloured kraft papers.

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