Interfor Co. (TSE:IFP - Get Free Report) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$18.02 and traded as low as C$15.39. Interfor shares last traded at C$15.53, with a volume of 92,006 shares trading hands.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently weighed in on the company. Raymond James dropped their target price on Interfor from C$30.00 to C$26.00 and set a "strong-buy" rating for the company in a research report on Thursday, January 30th. CIBC cut their target price on shares of Interfor from C$22.00 to C$20.00 in a research report on Tuesday, February 18th. Royal Bank of Canada lowered their price target on shares of 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. Finally, Scotiabank lowered shares of Interfor from an "outperform" rating to a "sector perform" rating in a report on Monday, March 3rd. Four equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of C$23.67.
Get Our Latest Stock Report on Interfor
Interfor Stock Performance
The stock's fifty day moving average is C$16.34 and its 200-day moving average is C$18.01. The company has a quick ratio of 1.15, a current ratio of 1.69 and a debt-to-equity ratio of 61.24. The stock has a market cap of C$765.91 million, a price-to-earnings ratio of -1.81 and a beta of 2.54.
Insider Buying and Selling
In related news, Director Ian Fillinger purchased 3,150 shares of the business's stock in a transaction on Monday, December 30th. The shares were purchased at an average price of C$16.29 per share, with a total value of C$51,304.05. 0.94% of the stock is currently owned by company insiders.
About Interfor
(
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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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