Western Forest Products (OTCMKTS:WFSTF) Trading Up 2.5% – Still a Buy?

Western Forest Products Inc. (OTCMKTS:WFSTFGet Free Report)’s stock price was up 2.5% on Tuesday . The company traded as high as $10.2180 and last traded at $10.2180. Approximately 6,917 shares traded hands during mid-day trading, a decline of 5% from the average daily volume of 7,251 shares. The stock had previously closed at $9.97.

Western Forest Products Stock Performance

The company’s 50 day simple moving average is $8.21 and its 200-day simple moving average is $8.61.

About Western Forest Products

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Western Forest Products is a Canadian integrated forest products company headquartered in Vancouver, British Columbia. The company specializes in the harvesting, manufacturing and distribution of lumber and other wood products, operating a network of sawmills, remanufacturing facilities and log sort yards on both the British Columbia coast and Vancouver Island. Western Forest manages a diversified fibre portfolio that supports core lumber production as well as specialty lines.

The company’s product suite includes dimensional lumber, engineered wood products such as laminated veneer lumber (LVL), and value-added remanufactured items including mouldings and custom profiles.

Further Reading

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