Acadian Timber (TSE:ADN) Sets New 1-Year Low - Here's What Happened

Key Points

• Acadian Timber Corp. has reached a new 52-week low, trading at C$16.43, with a trading volume of 29,954 shares.
• The company has a market cap of C$297.76 million and a P/E ratio of 21.06, indicating its current valuation in the market.
• Acadian Timber is a supplier of primary forest products in Eastern Canada and the Northeastern United States, focusing on both softwood and hardwood products.

Acadian Timber Corp. (TSE:ADN - ) reached a new 52-week low during trading on Tuesday . The stock traded as low as C$16.43 and last traded at C$16.43, with a volume of 29954 shares changing hands. The stock had previously closed at C$16.78.

Acadian Timber Stock Performance

The stock has a market cap of C$297.76 million, a P/E ratio of 21.06, a P/E/G ratio of -4.84 and a beta of 0.41. The company has a fifty day moving average price of C$17.71 and a 200 day moving average price of C$17.63. The company has a debt-to-equity ratio of 32.89, a current ratio of 0.43 and a quick ratio of 1.04.

About Acadian Timber

Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company's operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company's product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.

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