West Fraser Timber (TSE:WFG) Shares Down 2.1% - What's Next?

West Fraser Timber Co. Ltd. (TSE:WFG - Get Free Report) shares fell 2.1% on Thursday . The company traded as low as C$102.51 and last traded at C$102.72. 155,503 shares traded hands during mid-day trading, a decline of 8% from the average session volume of 169,269 shares. The stock had previously closed at C$104.97.

Analysts Set New Price Targets

Separately, CIBC dropped their target price on West Fraser Timber from C$170.00 to C$142.00 and set an "outperform" rating on the stock in a research report on Tuesday, April 22nd.

West Fraser Timber Trading Down 2.1%

The company has a market cap of C$5.72 billion, a price-to-earnings ratio of -61.42 and a beta of 2.03. The business has a fifty day simple moving average of C$102.54 and a 200 day simple moving average of C$111.34. The company has a quick ratio of 2.10, a current ratio of 1.82 and a debt-to-equity ratio of 7.39.

West Fraser Timber Company Profile

West Fraser Timber Co Ltd., a diversified wood products company, engages in manufacturing, selling, marketing, and distributing lumber, engineered wood products, pulp, newsprint, wood chips, and other residuals and renewable energy. It offers spruce-pine-fir, douglas fir-larch, hem-fir, and southern yellow pine lumber, treated wood products, medium density fiberboard panels and plywood, oriented strand board, and laminated veneer lumber wood products, as well as particleboards.

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