Conifex Timber (OTCMKTS:CFXTF) Stock Price Up 359%

Conifex Timber Inc. (OTCMKTS:CFXTFGet Free Report) was up 359% on Wednesday . The company traded as high as $0.28 and last traded at $0.28. Approximately 6,220 shares were traded during mid-day trading, an increase of 129% from the average daily volume of 2,713 shares. The stock had previously closed at $0.06.

Conifex Timber Price Performance

The stock’s 50 day moving average price is $0.18 and its two-hundred day moving average price is $0.36.

About Conifex Timber

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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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