Conifex Timber (TSE:CFF) Hits New 52-Week Low at $0.48

Shares of Conifex Timber Inc. (TSE:CFF) hit a new 52-week low during trading on Wednesday . The company traded as low as C$0.48 and last traded at C$0.51, with a volume of 5525 shares changing hands. The stock had previously closed at C$0.50.

Conifex Timber Stock Up 3.8 %

The stock has a market capitalization of C$22.23 million, a PE ratio of -0.69, a P/E/G ratio of 0.06 and a beta of 1.50. The stock’s 50-day moving average price is C$0.61 and its two-hundred day moving average price is C$0.65. The company has a debt-to-equity ratio of 55.28, a quick ratio of 0.91 and a current ratio of 1.45.

Conifex Timber (TSE:CFF) last announced its earnings results on Wednesday, March 27th. The company reported C($0.14) earnings per share for the quarter. Conifex Timber had a negative net margin of 21.70% and a negative return on equity of 23.40%. The business had revenue of C$35.20 million for the quarter. As a group, analysts expect that Conifex Timber Inc. will post 0.0300312 EPS for the current fiscal year.

About Conifex Timber

Conifex Timber Inc primarily manufactures and sells lumber products in the United States, Canada, Japan, and internationally. It is involved in the timber harvesting, reforestation, and forest management activities; manufacture of finished softwood lumber from spruce, pine, and fir logs; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips, as well as residual products, such as wood chips, trim blocks, sawdust, shavings, and barks; and providing value added lumber finishing services.