Interfor Co. (TSE:IFP - Get Free Report) shares reached a new 52-week low on Wednesday . The stock traded as low as C$15.30 and last traded at C$15.37, with a volume of 11810 shares. The stock had previously closed at C$15.74.
Analyst Ratings Changes
A number of equities analysts recently issued reports on the stock. TD Securities lowered their price objective on shares of Interfor from C$23.00 to C$22.00 in a research report on Friday, November 8th. Raymond James dropped their target price on shares of Interfor from C$30.00 to C$26.00 and set a "strong-buy" rating on the stock in a research note on Thursday, January 30th. CIBC decreased their target price on shares of Interfor from C$23.00 to C$22.00 in a report on Wednesday, January 15th. Finally, Royal Bank of Canada dropped their price target on Interfor from C$27.00 to C$26.00 and set an "outperform" rating for the company in a research report on Friday, December 20th. Three research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, Interfor presently has an average rating of "Moderate Buy" and an average target price of C$24.00.
Check Out Our Latest Analysis on Interfor
Interfor Stock Up 7.7 %
The firm has a market capitalization of C$868.97 million, a PE ratio of -2.05 and a beta of 2.54. The company has a current ratio of 1.69, a quick ratio of 1.15 and a debt-to-equity ratio of 61.24. The stock has a 50 day simple moving average of C$17.16 and a 200 day simple moving average of C$18.24.
Insiders Place Their Bets
In other news, Director Ian Fillinger acquired 3,150 shares of Interfor stock in a transaction that occurred on Monday, December 30th. The stock was bought at an average price of C$16.29 per share, for a total transaction of C$51,304.05. Company insiders own 0.94% of the company's stock.
Interfor Company Profile
(
Get Free Report)
Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.
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