Acadian Timber (TSE:ADN) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Acadian Timber Corp. (TSE:ADN)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$16.21 and traded as high as C$17.00. Acadian Timber shares last traded at C$16.97, with a volume of 4,941 shares changing hands.

Acadian Timber Stock Performance

The firm has a market cap of C$313.20 million, a PE ratio of 6.29, a P/E/G ratio of -4.84 and a beta of 0.33. The company has a current ratio of 0.87, a quick ratio of 1.04 and a debt-to-equity ratio of 30.77. The stock’s 50 day moving average price is C$16.56 and its 200 day moving average price is C$16.21.

Acadian Timber (TSE:ADN) last released its quarterly earnings results on Wednesday, February 11th. The company reported C$2.18 EPS for the quarter. Acadian Timber had a return on equity of 14.25% and a net margin of 56.32%.The firm had revenue of C$21.98 million for the quarter. As a group, equities analysts forecast that Acadian Timber Corp. will post 1.0095345 earnings per share for the current fiscal year.

About Acadian Timber

Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company’s operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company’s product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.