Conifex Timber (TSE:CFF) Trading Down 4.9%

Conifex Timber Inc. (TSE:CFF)’s stock price was down 4.9% on Friday . The stock traded as low as C$0.39 and last traded at C$0.39. Approximately 19,750 shares were traded during trading, a decline of 30% from the average daily volume of 28,055 shares. The stock had previously closed at C$0.41.

Analyst Ratings Changes

Separately, Raymond James lowered their target price on Conifex Timber from C$1.25 to C$0.85 and set an “outperform” rating for the company in a research note on Wednesday, August 14th.

Conifex Timber Stock Down 4.9 %

The firm has a market capitalization of C$15.90 million, a P/E ratio of -0.57, a PEG ratio of 0.06 and a beta of 1.43. 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’s 50-day moving average is C$0.39 and its 200 day moving average is C$0.51.

Conifex Timber (TSE:CFF) last posted its quarterly earnings data on Tuesday, August 13th. The company reported C($0.22) earnings per share for the quarter. The firm had revenue of C$31.80 million for the quarter. Conifex Timber had a negative return on equity of 23.85% and a negative net margin of 18.88%. As a group, equities research analysts predict that Conifex Timber Inc. will post 0.0300312 EPS for the current fiscal year.

Conifex Timber Company Profile

Conifex Timber Inc primarily manufactures and sells lumber products in the United States, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; manufacture of finished softwood lumber from spruce, pine, and fir logs; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips, as well as residual products, such as wood chips, trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services.