Conifex Timber (OTCMKTS:CFXTF) Shares Down 19.3% – Here’s What Happened

Conifex Timber Inc. (OTCMKTS:CFXTFGet Free Report)’s stock price was down 19.3% on Monday . The stock traded as low as $0.20 and last traded at $0.20. Approximately 130,800 shares traded hands during trading, an increase of 776% from the average daily volume of 14,924 shares. The stock had previously closed at $0.25.

Conifex Timber Trading Down 19.3%

The firm has a 50-day moving average of $0.24 and a two-hundred day moving average of $0.24.

About Conifex Timber

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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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