Interfor Co. (TSE:IFP - Get Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$15.99 and traded as low as C$12.38. Interfor shares last traded at C$12.49, with a volume of 130,309 shares traded.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the stock. Raymond James decreased their price target on shares of Interfor from C$26.00 to C$22.00 and set a "sector perform" rating for the company in a report on Wednesday, April 30th. TD Securities decreased their target price on Interfor from C$20.00 to C$16.00 and set a "hold" rating for the company in a research note on Thursday, April 17th. Scotiabank cut their price objective on Interfor from C$22.50 to C$20.00 in a report on Monday, May 12th. CIBC lowered their target price on Interfor from C$20.00 to C$17.00 and set a "neutral" rating for the company in a research note on Tuesday, April 22nd. Finally, Royal Bank of Canada dropped their target price on shares of Interfor from C$26.00 to C$21.00 and set an "outperform" rating on the stock in a report on Tuesday, April 22nd. Five analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of C$20.00.
Get Our Latest Report on IFP
Interfor Stock Up 1.7%
The company has a debt-to-equity ratio of 61.24, a current ratio of 1.69 and a quick ratio of 1.15. The company has a market capitalization of C$669.07 million, a price-to-earnings ratio of -1.58 and a beta of 2.54. The firm has a 50-day moving average price of C$13.62 and a two-hundred day moving average price of C$15.95.
Insider Buying and Selling at Interfor
In other Interfor news, Director Ian Fillinger bought 3,400 shares of the firm's stock in a transaction that occurred on Monday, March 17th. The stock was acquired at an average price of C$14.95 per share, with a total value of C$50,820.14. Company insiders own 0.94% of the company's stock.
About Interfor
(
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Interfor Corporation, together with its subsidiaries, produces and sells wood products in Canada, the United States, Japan, China, Taiwan, and internationally. It offers decking, fascia and board, framing, v-joint paneling, fineline paneling, and siding products, as well as appearance, structural, studs, timbers, and machine stress related products.
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