Canfor (OTCMKTS:CFPZF) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Canfor Co. (OTCMKTS:CFPZFGet Free Report)’s share price crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $10.59 and traded as high as $10.68. Canfor shares last traded at $10.68, with a volume of 21,350 shares changing hands.

Canfor Price Performance

The business has a 50-day simple moving average of $10.56 and a two-hundred day simple moving average of $11.36.

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.

Further Reading

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