Canfor (OTCMKTS:CFPZF) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Canfor Co. (OTCMKTS:CFPZFGet Free Report)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $11.42 and traded as low as $11.24. Canfor shares last traded at $11.24, with a volume of 1,057 shares trading hands.

Canfor Stock Performance

The firm’s 50-day simple moving average is $12.26 and its 200 day simple moving average is $11.42.

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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