Canfor (OTCMKTS:CFPZF) Share Price Passes Below 200-Day Moving Average – Here’s Why

Shares of Canfor Co. (OTCMKTS:CFPZFGet Free Report) crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $11.33 and traded as low as $10.72. Canfor shares last traded at $10.72, with a volume of 5,743 shares traded.

Canfor Trading Down 2.4 %

The business’s fifty day moving average is $10.57 and its 200 day moving average is $11.33.

Canfor Company Profile

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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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