Stella-Jones (OTCMKTS:STLJF) Trading Down 8.5% – What’s Next?

Stella-Jones Inc. (OTCMKTS:STLJFGet Free Report)’s stock price dropped 8.5% on Wednesday . The stock traded as low as $47.78 and last traded at $48.11. Approximately 9,728 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 16,876 shares. The stock had previously closed at $52.55.

Stella-Jones Stock Performance

The business’s 50-day simple moving average is $51.47 and its 200-day simple moving average is $61.31.

About Stella-Jones

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Stella-Jones Inc produces and sells pressure-treated wood products in Canada and the United States. It operates through two segments, Pressure-Treated Wood; and Logs and Lumber. The company offers railway ties and timbers for short line and commercial railroad operators; and wood utility poles for electrical utilities and telecommunication companies.

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