Conifex Timber (TSE:CFF) Stock Price Down 6.4% – What’s Next?

Shares of Conifex Timber Inc. (TSE:CFFGet Free Report) dropped 6.4% during trading on Tuesday . The company traded as low as C$0.34 and last traded at C$0.37. Approximately 21,000 shares were traded during mid-day trading, a decline of 13% from the average daily volume of 24,140 shares. The stock had previously closed at C$0.39.

Conifex Timber Price Performance

The firm has a market cap of C$15.29 million, a price-to-earnings ratio of -0.54, a PEG ratio of 0.06 and a beta of 1.42. The company’s fifty day moving average is C$0.42 and its 200 day moving average is C$0.41. The company has a quick ratio of 0.91, a current ratio of 1.85 and a debt-to-equity ratio of 73.11.

Conifex Timber Company Profile

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for Conifex Timber Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Conifex Timber and related companies with MarketBeat.com's FREE daily email newsletter.