West Fraser Timber (OTCMKTS:WFTBF) Shares Up 0.7% – Should You Buy?

West Fraser Timber Co. Ltd. (OTCMKTS:WFTBFGet Free Report)’s share price rose 0.7% on Monday . The company traded as high as $87.84 and last traded at $87.33. Approximately 81,412 shares were traded during mid-day trading, an increase of 1,701% from the average daily volume of 4,521 shares. The stock had previously closed at $86.69.

West Fraser Timber Price Performance

The company’s 50 day simple moving average is $91.82 and its 200-day simple moving average is $88.95.

About West Fraser Timber

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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.

Further Reading

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