Canfor (OTCMKTS:CFPZF) Share Price Passes Below Two Hundred Day Moving Average – Time to Sell?

Shares of Canfor Co. (OTCMKTS:CFPZFGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $11.41 and traded as low as $10.23. Canfor shares last traded at $10.25, with a volume of 6,464 shares.

Canfor Stock Up 1.8 %

The company has a 50 day simple moving average of $11.99 and a 200-day simple moving average of $11.41.

Canfor Company Profile

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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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