West Fraser Timber (TSE:WFG) Stock Price Up 0.2% - What's Next?

West Fraser Timber Co. Ltd. (TSE:WFG - Get Free Report) traded up 0.2% during mid-day trading on Thursday . The stock traded as high as C$105.01 and last traded at C$104.50. 178,975 shares traded hands during mid-day trading, an increase of 19% from the average session volume of 150,719 shares. The stock had previously closed at C$104.31.

Analyst Upgrades and Downgrades

Separately, CIBC dropped their price target on shares of 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 Stock Down 1.1%

The stock has a 50-day moving average of C$102.87 and a 200 day moving average of C$114.61. The company has a market capitalization of C$5.76 billion, a PE ratio of -61.79 and a beta of 2.03. 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.