Canfor Pulp Products (TSE:CFX) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Canfor Pulp Products Inc. (TSE:CFXGet Free Report)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$1.02 and traded as low as C$0.83. Canfor Pulp Products shares last traded at C$0.83, with a volume of 19,300 shares changing hands.

Canfor Pulp Products Stock Performance

The stock has a market cap of C$54.79 million, a PE ratio of -0.69, a P/E/G ratio of -25.62 and a beta of 1.33. The company has a debt-to-equity ratio of 32.11, a current ratio of 0.90 and a quick ratio of 0.73. The stock has a 50-day simple moving average of C$0.91 and a 200-day simple moving average of C$1.01.

About Canfor Pulp Products

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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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