Conifex Timber (OTCMKTS:CFXTF) Stock Price Up 8.1% – Time to Buy?

Conifex Timber Inc. (OTCMKTS:CFXTFGet Free Report)’s stock price traded up 8.1% during mid-day trading on Monday . The company traded as high as $0.24 and last traded at $0.24. 500 shares were traded during mid-day trading, a decline of 95% from the average session volume of 10,300 shares. The stock had previously closed at $0.22.

Conifex Timber Stock Performance

The firm’s 50-day simple moving average is $0.25 and its 200 day simple moving average is $0.23.

Conifex Timber Company Profile

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Conifex Timber Inc engages in the production, marketing, and sale of lumber products in the United States, Canada, and Japan. The company is also involved in the timber harvesting, reforestation, and forest management activities; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips; and providing value added lumber finishing services.

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