Conifex Timber (TSE:CFF) Trading Down 1.5% – Should You Sell?

Conifex Timber Inc. (TSE:CFFGet Free Report) shares fell 1.5% on Tuesday . The stock traded as low as C$0.32 and last traded at C$0.33. 4,400 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 12,276 shares. The stock had previously closed at C$0.33.

Conifex Timber Stock Down 1.5 %

The stock has a market cap of C$13.25 million, a price-to-earnings ratio of -0.47, a price-to-earnings-growth ratio of 0.06 and a beta of 1.42. The firm’s fifty day moving average price is C$0.37 and its two-hundred day moving average price is C$0.40. The company has a debt-to-equity ratio of 73.11, a current ratio of 1.85 and a quick ratio of 0.91.

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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