Canfor (OTCMKTS:CFPZF) Shares Cross Below 200-Day Moving Average – What’s Next?

Posted by Brenda Bartman on May 24th, 2026

Canfor Co. (OTCMKTS:CFPZF – Get Free Report)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.36 and traded as low as $9.0870. Canfor shares last traded at $9.20, with a volume of 8,478 shares trading hands.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the company. Royal Bank Of Canada cut Canfor to a “sector perform” rating in a research note on Thursday, April 16th. Raymond James Financial cut Canfor from a “strong-buy” rating to an “outperform” rating in a research report on Thursday, April 23rd. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Canfor has an average rating of “Moderate Buy”.

Check Out Our Latest Stock Report on Canfor

Canfor Price Performance

The company has a 50-day moving average of $9.36 and a 200-day moving average of $9.36.

About Canfor

(Get Free Report)

Canfor Corporation is a Canada-based integrated forest products company headquartered in Vancouver, British Columbia. The company’s primary business activities include the manufacturing and distribution of softwood lumber, oriented strand board (OSB), and other wood products used in residential and commercial construction. In addition to its core lumber operations, Canfor produces northern bleached softwood kraft (NBSK) pulp, specialty papers and biofuels through its pulp and paper facilities, providing a vertically integrated offering for customers across multiple end markets.

Canfor operates an extensive network of manufacturing facilities, including lumber mills in British Columbia and Alberta, as well as in the U.S.