Canfor Pulp Products Inc. (TSE:CFX – Get Free Report) shares hit a new 52-week low during mid-day trading on Monday after Royal Bank of Canada lowered their price target on the stock from C$1.25 to C$1.00. Royal Bank of Canada currently has a sector perform rating on the stock. Canfor Pulp Products traded as low as C$0.73 and last traded at C$0.77, with a volume of 74009 shares changing hands. The stock had previously closed at C$0.76.
Canfor Pulp Products Price Performance
The company has a quick ratio of 0.73, a current ratio of 0.90 and a debt-to-equity ratio of 32.11. The company has a 50 day moving average of C$0.89 and a 200-day moving average of C$0.97. The stock has a market capitalization of C$50.23 million, a P/E ratio of -0.63, a PEG ratio of -25.62 and a beta of 1.33.
About Canfor Pulp Products
Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.
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