Canfor (OTCMKTS:CFPZF) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Shares of Canfor Co. (OTCMKTS:CFPZFGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $11.42 and traded as low as $11.24. Canfor shares last traded at $11.24, with a volume of 1,057 shares traded.

Canfor Price Performance

The business has a fifty day simple moving average of $12.26 and a 200-day simple moving average of $11.42.

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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