Canfor Pulp Products (OTCMKTS:CFPUF) Stock Price Up 9.2% – Should You Buy?

Canfor Pulp Products Inc. (OTCMKTS:CFPUFGet Free Report) shares were up 9.2% on Wednesday . The company traded as high as $0.57 and last traded at $0.56. Approximately 2,000 shares were traded during mid-day trading, an increase of 47% from the average daily volume of 1,360 shares. The stock had previously closed at $0.52.

Canfor Pulp Products Stock Performance

The company has a 50-day simple moving average of $0.55 and a 200-day simple moving average of $0.61.

About Canfor Pulp Products

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Canfor Pulp Products Inc, together with its subsidiaries, produces and supplies pulp and paper products in Canada, Europe, Asia, the United States, and internationally. It operates in two segments, Pulp and Paper. The company offers solid wood; bleached and unbleached softwood kraft pulps; and bleached, unbleached, and colored kraft papers.

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