Canfor Co. (OTCMKTS:CFPZF – Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $9.47 and traded as high as $9.53. Canfor shares last traded at $9.50, with a volume of 1,284 shares.
Analyst Upgrades and Downgrades
Several equities analysts have weighed in on the company. Royal Bank Of Canada downgraded shares of Canfor to a “sector perform” rating in a report on Thursday, April 16th. Raymond James Financial downgraded Canfor from a “strong-buy” rating to an “outperform” rating in a research report on Thursday, April 23rd. Two equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.
Read Our Latest Analysis on CFPZF
Canfor Trading Down 0.0%
Canfor Company Profile
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.
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