West Fraser Timber Co. Ltd. (WFT.TO) (TSE:WFT) Trading Down 2.5% – What’s Next?

Shares of West Fraser Timber Co. Ltd. (WFT.TO) (TSE:WFT) were down 2.5% during mid-day trading on Monday . The company traded as low as C$81.24 and last traded at C$81.94. Approximately 1,628,662 shares changed hands during mid-day trading, an increase of 159% from the average daily volume of 629,930 shares. The stock had previously closed at C$84.00.

West Fraser Timber Co. Ltd. (WFT.TO) Price Performance

The stock’s fifty day moving average price is C$81.94. The firm has a market capitalization of C$5.63 billion and a price-to-earnings ratio of 15.29. The company has a quick ratio of 1.09, a current ratio of 2.14 and a debt-to-equity ratio of 24.36.

West Fraser Timber Co. Ltd. (WFT.TO) Company Profile

West Fraser Timber Co Ltd., a diversified wood products company, produces and sells lumber, panels, and pulp and papers in western Canada and the southern United States. It offers spruce-pine-fir, Douglas Fir-Larch, Hem-Fir tree, and southern yellow pine lumber; treated wood products; and newsprint, wood chips, and other residuals and energy products.