Canfor Pulp Products Inc. (TSE:CFX - Get Free Report)'s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$0.92 and traded as low as C$0.81. Canfor Pulp Products shares last traded at C$0.81, with a volume of 3,985 shares.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada decreased their price target on shares of Canfor Pulp Products from C$1.25 to C$1.00 and set a "sector perform" rating for the company in a research note on Friday, December 20th. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of C$1.65.
Read Our Latest Stock Analysis on Canfor Pulp Products
Canfor Pulp Products Trading Down 1.2 %
The firm has a market cap of C$52.18 million, a price-to-earnings ratio of -0.66, a P/E/G ratio of -25.62 and a beta of 1.33. The firm's 50-day moving average is C$0.86 and its 200-day moving average is C$0.92. The company has a current ratio of 0.90, a quick ratio of 0.73 and a debt-to-equity ratio of 32.11.
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.
Further Reading
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