Western Forest Products Inc. (TSE:WEF - Get Free Report) shares reached a new 52-week low on Monday . The stock traded as low as C$0.37 and last traded at C$0.38, with a volume of 301487 shares traded. The stock had previously closed at C$0.38.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on WEF shares. Royal Bank of Canada dropped their target price on shares of Western Forest Products from C$0.70 to C$0.50 and set a "sector perform" rating for the company in a research report on Tuesday. Raymond James decreased their price target on Western Forest Products from C$0.60 to C$0.50 in a research report on Thursday, January 30th. Finally, TD Securities dropped their price target on Western Forest Products from C$0.55 to C$0.45 and set a "hold" rating for the company in a report on Thursday, April 17th.
View Our Latest Research Report on Western Forest Products
Western Forest Products Stock Down 0.7 %
The stock has a market cap of C$116.40 million, a price-to-earnings ratio of -2.66, a PEG ratio of 0.32 and a beta of 1.81. The company has a debt-to-equity ratio of 19.61, a quick ratio of 0.73 and a current ratio of 3.04. The firm's 50-day simple moving average is C$0.42 and its two-hundred day simple moving average is C$0.44.
About Western Forest Products
(
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Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprised of Timber harvesting, Log sales, and Lumber manufacturing and sales.
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