Shares of Canfor Pulp Products Inc. (TSE:CFX - Get Free Report) hit a new 52-week low during trading on Monday after Royal Bank of Canada lowered their price target on the stock from C$1.25 to C$1.00. Royal Bank of Canada currently has a sector perform rating on the stock. Canfor Pulp Products traded as low as C$0.73 and last traded at C$0.77, with a volume of 74009 shares traded. The stock had previously closed at C$0.76.
Canfor Pulp Products Price Performance
The company has a debt-to-equity ratio of 32.11, a quick ratio of 0.73 and a current ratio of 0.90. The company has a market capitalization of C$50.23 million, a price-to-earnings ratio of -0.63, a price-to-earnings-growth ratio of -25.62 and a beta of 1.33. The company has a 50-day moving average price of C$0.89 and a 200-day moving average price of C$0.97.
About Canfor Pulp Products
(
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Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.
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