Western Forest Products Inc. (TSE:WEF - Get Free Report) insider Kernwood Limited purchased 100,000 shares of the firm's stock in a transaction on Monday, March 3rd. The stock was bought at an average price of C$0.45 per share, for a total transaction of C$44,500.00.
Kernwood Limited also recently made the following trade(s):
- On Monday, June 9th, Kernwood Limited acquired 32,000 shares of Western Forest Products stock. The stock was purchased at an average cost of C$0.40 per share, for a total transaction of C$12,880.00.
Western Forest Products Price Performance
Shares of TSE WEF remained flat at C$0.40 on Wednesday. The stock had a trading volume of 7,811,690 shares, compared to its average volume of 374,634. The company has a debt-to-equity ratio of 19.61, a current ratio of 3.04 and a quick ratio of 0.73. Western Forest Products Inc. has a 52 week low of C$0.36 and a 52 week high of C$0.58. The firm has a market cap of C$125.11 million, a price-to-earnings ratio of -2.86, a P/E/G ratio of 0.32 and a beta of 1.81. The company has a 50-day moving average price of C$0.40 and a 200 day moving average price of C$0.42.
Analysts Set New Price Targets
WEF has been the topic of several research reports. TD Securities cut their price target on shares of Western Forest Products from C$0.55 to C$0.45 and set a "hold" rating on the stock in a report on Thursday, April 17th. Raymond James dropped their price objective on shares of Western Forest Products from C$0.50 to C$0.40 and set a "market perform" rating for the company in a research report on Wednesday, April 30th. Finally, Royal Bank of Canada reduced their target price on shares of Western Forest Products from C$0.70 to C$0.50 and set a "sector perform" rating on the stock in a report on Tuesday, April 22nd.
View Our Latest Report on WEF
About Western Forest Products
(
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Western Forest Products Inc is a Canada-based softwood forest products company. The company's principal business activities include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber remanufacturing. Its operating business segment comprised of Timber harvesting, Log sales, and Lumber manufacturing and sales.
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