Canfor Pulp Products (TSE:CFX) Sets New 1-Year Low – Time to Sell?

Canfor Pulp Products Inc. (TSE:CFXGet Free Report) shares hit a new 52-week low on Tuesday . The stock traded as low as C$0.66 and last traded at C$0.66, with a volume of 37239 shares changing hands. The stock had previously closed at C$0.70.

Analyst Upgrades and Downgrades

CFX has been the topic of a number of analyst reports. CIBC decreased their target price on shares of Canfor Pulp Products from C$1.25 to C$1.00 in a report on Monday, March 10th. Royal Bank of Canada decreased their price objective on shares of Canfor Pulp Products from C$1.25 to C$1.00 and set a “sector perform” rating on the stock in a research report on Friday, December 20th.

View Our Latest Stock Analysis on CFX

Canfor Pulp Products Trading Down 2.8 %

The stock has a market capitalization of C$46.81 million, a P/E ratio of -0.26, a price-to-earnings-growth ratio of -25.62 and a beta of 1.33. The stock’s fifty day moving average price is C$0.77 and its two-hundred day moving average price is C$0.85. The company has a current ratio of 0.91, a quick ratio of 0.73 and a debt-to-equity ratio of 57.90.

Canfor Pulp Products Company Profile

(Get Free Report)

Canfor Pulp Products Inc produces and sells northern bleached softwood kraft pulp, or NBSK pulp and paper. The company also generates and sells electricity from biomass out of its pulp plants in Western Canada. The firm organizes itself into two segments based on product: pulp and paper. The pulp segment generates most of the revenue.

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