West Fraser Timber Co. Ltd. (OTCMKTS:WFTBF – Get Free Report) was down 1.5% during mid-day trading on Tuesday. The company traded as low as $65.76 and last traded at $67.15. Approximately 225,878 shares changed hands during mid-day trading, an increase of 4,896% from the average daily volume of 4,521 shares. The stock had previously closed at $68.19.
West Fraser Timber Trading Up 5.9%
The stock’s 50-day simple moving average is $68.23 and its 200-day simple moving average is $67.06.
About West Fraser Timber
West Fraser Timber Co Ltd. is a diversified North American forest products company that manufactures and sells a range of wood-based products. Its portfolio includes lumber, oriented strand board (OSB), plywood, laminated veneer lumber, medium-density fiberboard, pulp, newsprint and wood chips, serving residential construction, industrial, packaging and other end markets.
The company operates manufacturing facilities and timberlands in Canada and the United States, with its business concentrated in British Columbia, Alberta and the U.S.
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