Shares of Western Forest Products Inc (OTCMKTS:WFSTF) dropped 0.3% during mid-day trading on Monday . The stock traded as low as $0.92 and last traded at $0.92, approximately 2,000 shares were traded during trading. A decline of 91% from the average daily volume of 22,759 shares. The stock had previously closed at $0.92.
Separately, Royal Bank of Canada lowered Western Forest Products from an “outperform” rating to a “sector perform” rating in a research report on Monday, August 5th.
The company has a 50-day simple moving average of $0.93 and a two-hundred day simple moving average of $1.07.
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.
Recommended Story: Profit margin is different from the revenue
Receive News & Ratings for Western Forest Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Forest Products and related companies with MarketBeat.com's FREE daily email newsletter.