Western Forest Products Inc. (TSE:WEF - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.45 and traded as high as C$0.45. Western Forest Products shares last traded at C$0.44, with a volume of 245,369 shares.
Wall Street Analysts Forecast Growth
Several research firms recently commented on WEF. Raymond James cut their price target on Western Forest Products from C$0.60 to C$0.50 in a report on Thursday, January 30th. TD Securities upped their target price on Western Forest Products from C$0.50 to C$0.55 and gave the company a "hold" rating in a report on Tuesday, February 18th.
Read Our Latest Stock Analysis on WEF
Western Forest Products Stock Performance
The firm's 50 day moving average price is C$0.43 and its two-hundred day moving average price is C$0.45. The firm has a market cap of C$139.37 million, a PE ratio of -3.19, 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.
Western Forest Products Company Profile
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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.
Further Reading
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