Canfor Pulp Products Inc. (TSE:CFX – Get Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.50 and traded as high as C$0.63. Canfor Pulp Products shares last traded at C$0.63, with a volume of 3,458 shares changing hands.
Wall Street Analysts Forecast Growth
A number of brokerages recently issued reports on CFX. Royal Bank Of Canada increased their price objective on Canfor Pulp Products from C$0.40 to C$0.50 and gave the stock a “sector perform” rating in a research report on Thursday, December 18th. Raymond James Financial cut Canfor Pulp Products from a “moderate buy” rating to a “hold” rating and lowered their price target for the company from C$0.75 to C$0.50 in a report on Wednesday, January 14th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of C$0.58.
Get Our Latest Stock Report on Canfor Pulp Products
Canfor Pulp Products Trading Down 1.6%
Canfor Pulp Products (TSE:CFX – Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported C($0.19) earnings per share for the quarter. The firm had revenue of C$164.60 million for the quarter. Canfor Pulp Products had a negative net margin of 21.46% and a negative return on equity of 60.52%. As a group, equities research analysts predict that Canfor Pulp Products Inc. will post 0.12 EPS for the current year.
Canfor Pulp Products Company Profile
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. Canfor Pulp’s NBSK pulp customers are typically manufacturers of tissue paper, specialty paper, and printing and writing paper. Most of Canfor Pulp’s revenue comes from Asia.
Further Reading
- Five stocks we like better than Canfor Pulp Products
- Elon Taking SpaceX Public! $100 Pre-IPO Opportunity!
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- Buy This Stock at 9:30 AM on MONDAY!
- Nvidia CEO Issues Bold Tesla Call
Receive News & Ratings for Canfor Pulp Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Canfor Pulp Products and related companies with MarketBeat.com's FREE daily email newsletter.
