West Fraser Timber Co. Ltd. (WFT.TO) (TSE:WFT) Stock Price Passes Above 200-Day Moving Average – What’s Next?

West Fraser Timber Co. Ltd. (WFT.TO) (TSE:WFT)’s share price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$84.49. West Fraser Timber Co. Ltd. (WFT.TO) shares last traded at C$81.94, with a volume of 1,628,662 shares trading hands.

West Fraser Timber Co. Ltd. (WFT.TO) Price Performance

The company has a quick ratio of 1.09, a current ratio of 2.14 and a debt-to-equity ratio of 24.36. The firm has a market cap of C$5.63 billion and a P/E ratio of 15.29. The stock’s 50 day simple moving average is C$81.94.

About West Fraser Timber Co. Ltd. (WFT.TO)

West Fraser Timber Co Ltd., a diversified wood products company, produces and sells lumber, panels, and pulp and papers in western Canada and the southern United States. It offers spruce-pine-fir, Douglas Fir-Larch, Hem-Fir tree, and southern yellow pine lumber; treated wood products; and newsprint, wood chips, and other residuals and energy products.