Shares of Canfor Co. (OTCMKTS:CFPZF – Get Free Report) crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $11.65 and traded as low as $10.89. Canfor shares last traded at $10.89, with a volume of 23,478 shares trading hands.
Canfor Stock Up 2.4 %
The stock’s fifty day simple moving average is $11.65 and its 200 day simple moving average is $11.39.
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.
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