Western Forest Products Inc (OTCMKTS:WFSTF) was up 1.7% on Wednesday . The stock traded as high as $1.23 and last traded at $1.23. Approximately 1,000 shares were traded during mid-day trading, a decline of 93% from the average daily volume of 14,186 shares. The stock had previously closed at $1.21.
Separately, TD Securities downgraded Western Forest Products from a “buy” rating to a “hold” rating in a research report on Wednesday, April 17th.
The firm has a 50-day moving average price of $1.22.
Western Forest Products Company Profile (OTCMKTS:WFSTF)
Western Forest Products Inc operates as an integrated forest products company. The company is involved in timber harvesting, sawmilling logs into specialty lumber, and value-added lumber remanufacturing. It offers various products for outdoor living space, such as structures, decking, landscaping, and fencing; home components, including appearance, Japanese housing, and framing, as well as siding, paneling, trim, and soffits; and furniture, moldings, and decorative purpose, as well as doors, windows, and stair components.
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