Shares of Canfor Co. (OTCMKTS:CFPZF – Get Free Report) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $9.56 and traded as low as $8.16. Canfor shares last traded at $8.17, with a volume of 14,284 shares changing hands.
Wall Street Analyst Weigh In
Separately, TD Securities reaffirmed a “buy” rating on shares of Canfor in a research note on Tuesday, August 5th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Read Our Latest Report on CFPZF
Canfor Price Performance
About Canfor
Canfor Corporation operates as an integrated forest products company in the United States, Asia, Canada, Europe, and internationally. It operates in two segments, Lumber, and Pulp and Paper. The company manufactures and sells softwood lumber, remanufactured lumber products, engineered wood, and other lumber-related products, as well as wood chips and pellets; and generates green energy.
Further Reading
- Five stocks we like better than Canfor
- Investing In Automotive Stocks
- A Magnificent AI Bet? Stanley Druckenmiller’s Latest Tech Moves
- How Investors Can Find the Best Cheap Dividend Stocks
- 12 Analysts Just Raised CrowdStrike Targets—Here’s What They See Coming
- How to Plot Fibonacci Price Inflection Levels
- Palo Alto Networks Stock Just Pulled Back—Is This a Prime Buy Zone?
Receive News & Ratings for Canfor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canfor and related companies with MarketBeat.com's FREE daily email newsletter.
