Conifex Timber (TSE:CFF) Stock Price Down 6.4% – Here’s Why

Conifex Timber Inc. (TSE:CFFGet Free Report) fell 6.4% on Tuesday . The stock traded as low as C$0.34 and last traded at C$0.37. 21,000 shares changed hands during mid-day trading, a decline of 13% from the average session volume of 24,140 shares. The stock had previously closed at C$0.39.

Conifex Timber Stock Performance

The company has a quick ratio of 0.91, a current ratio of 1.85 and a debt-to-equity ratio of 73.11. The firm has a 50-day moving average price of C$0.43 and a two-hundred day moving average price of C$0.41. The firm has a market cap of C$14.88 million, a PE ratio of -0.53, a P/E/G ratio of 0.06 and a beta of 1.42.

Conifex Timber Company Profile

(Get Free Report)

Conifex Timber Inc engages in the production, marketing, and sale of lumber products in the United States, Canada, and Japan. The company is also involved in the timber harvesting, reforestation, and forest management activities; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips; and providing value added lumber finishing services.

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