Conifex Timber (TSE:CFF) Stock Price Down 6.4% – Time to Sell?

Shares of Conifex Timber Inc. (TSE:CFFGet Free Report) were down 6.4% during mid-day trading on Tuesday . The stock traded as low as C$0.34 and last traded at C$0.37. Approximately 21,000 shares were traded during 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 Stock Performance

The company has a debt-to-equity ratio of 73.11, a quick ratio of 0.91 and a current ratio of 1.85. The firm has a market capitalization of C$14.88 million, a PE ratio of -0.53, a price-to-earnings-growth ratio of 0.06 and a beta of 1.42. The firm’s 50 day moving average price is C$0.43 and its 200-day moving average price is C$0.41.

About Conifex Timber

(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.

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