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

Canfor Co. (OTCMKTS:CFPZFGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $11.32 and traded as low as $10.98. Canfor shares last traded at $11.13, with a volume of 107,390 shares traded.

Canfor Stock Performance

The firm has a fifty day simple moving average of $10.54 and a two-hundred day simple moving average of $11.32.

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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