Shares of Western Forest Products Inc. (TSE:WEF - Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.40 and last traded at C$0.41, with a volume of 693710 shares trading hands. The stock had previously closed at C$0.42.
Analyst Ratings Changes
Separately, TD Securities cut their price target on Western Forest Products from C$0.55 to C$0.50 and set a "hold" rating on the stock in a research note on Friday, November 8th.
Get Our Latest Stock Report on Western Forest Products
Western Forest Products Stock Performance
The company has a debt-to-equity ratio of 18.43, a quick ratio of 0.73 and a current ratio of 2.97. The stock has a market capitalization of C$128.28 million, a P/E ratio of -2.89, a P/E/G ratio of 0.32 and a beta of 1.81. The stock has a 50 day moving average of C$0.48 and a 200 day moving average of C$0.47.
Western Forest Products (TSE:WEF - Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The company reported C($0.06) earnings per share for the quarter, missing analysts' consensus estimates of C($0.03) by C($0.03). The firm had revenue of C$241.70 million during the quarter, compared to analyst estimates of C$242.00 million. Western Forest Products had a negative return on equity of 7.64% and a negative net margin of 4.13%. Equities analysts predict that Western Forest Products Inc. will post 0.004992 EPS for the current year.
About Western Forest Products
(
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Western Forest Products Inc operates as an integrated softwoods forest products company in Canada, the United States, Japan, China, Europe, and internationally. It is involved in timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber.
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