Conifex Timber (TSE:CFF) Trading Down 1.5% – Time to Sell?

Conifex Timber Inc. (TSE:CFF)’s stock price was down 1.5% during mid-day trading on Tuesday . The stock traded as low as C$0.32 and last traded at C$0.33. Approximately 4,400 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 12,276 shares. The stock had previously closed at C$0.33.

Conifex Timber Price Performance

The company has a quick ratio of 0.91, a current ratio of 1.85 and a debt-to-equity ratio of 73.11. The stock has a market cap of C$12.23 million, a price-to-earnings ratio of -0.43, a price-to-earnings-growth ratio of 0.06 and a beta of 1.42. The company’s 50-day moving average is C$0.37 and its 200-day moving average is C$0.39.

About Conifex Timber

Conifex Timber Inc engages in the production, marketing, and sale of lumber products in the United States, Canada, and Japan. The company is also involved in the timber harvesting, reforestation, and forest management activities; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips; and providing value added lumber finishing services.