Conifex Timber (TSE:CFF) Reaches New 12-Month Low at $1.12

Conifex Timber Inc. (TSE:CFF) hit a new 52-week low during trading on Friday . The company traded as low as C$1.12 and last traded at C$1.13, with a volume of 42900 shares trading hands. The stock had previously closed at C$1.20.

Conifex Timber Price Performance

The company has a current ratio of 2.15, a quick ratio of 0.91 and a debt-to-equity ratio of 50.41. The business has a 50-day moving average price of C$1.27 and a 200 day moving average price of C$1.39. The stock has a market cap of C$43.73 million, a PE ratio of -2.68, a PEG ratio of 0.06 and a beta of 1.68.

Conifex Timber (TSE:CFF) last issued its quarterly earnings results on Wednesday, August 9th. The company reported C($0.23) EPS for the quarter, missing analysts’ consensus estimates of C($0.19) by C($0.04). The firm had revenue of C$27.20 million for the quarter. Conifex Timber had a negative net margin of 11.64% and a negative return on equity of 11.92%. As a group, research analysts forecast that Conifex Timber Inc. will post 0.16 earnings per share for the current fiscal year.

Conifex Timber Company Profile

Conifex Timber Inc primarily manufactures and sells lumber products in the United States, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; manufacture of finished softwood lumber from spruce, pine, and fir logs; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips, as well as residual products, such as wood chips, trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services.