Canfor (OTCMKTS:CFPZF) Stock Price Passes Below 200-Day Moving Average – Here’s Why

Canfor Co. (OTCMKTS:CFPZFGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $11.32 and traded as low as $10.98. Canfor shares last traded at $11.13, with a volume of 107,390 shares changing hands.

Canfor Price Performance

The business has a 50 day simple moving average of $10.54 and a two-hundred day simple moving average of $11.32.

About Canfor

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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.

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