Western Forest Products Inc. (TSE:WEF - Get Free Report) insider Kernwood Limited bought 100,000 shares of the business's stock in a transaction on Monday, March 3rd. The stock was purchased at an average price of C$0.45 per share, with a total value of C$44,500.00.
Kernwood Limited also recently made the following trade(s):
- On Wednesday, June 11th, Kernwood Limited bought 6,356,500 shares of Western Forest Products stock. The stock was purchased at an average price of C$0.39 per share, with a total value of C$2,479,035.00.
- On Monday, June 9th, Kernwood Limited bought 32,000 shares of Western Forest Products stock. The stock was purchased at an average price of C$0.40 per share, with a total value of C$12,880.00.
Western Forest Products Stock Performance
Shares of TSE WEF remained flat at C$0.40 during trading on Friday. The company's stock had a trading volume of 222,615 shares, compared to its average volume of 375,224. The company has a market cap of C$126.70 million, a P/E ratio of -2.90, a P/E/G ratio of 0.32 and a beta of 1.81. 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 50 day moving average of C$0.40 and a 200-day moving average of C$0.42. The company has a debt-to-equity ratio of 19.61, a quick ratio of 0.73 and a current ratio of 3.04.
Analysts Set New Price Targets
A number of equities research analysts have weighed in on WEF shares. Royal Bank of Canada cut their target price on Western Forest Products from C$0.70 to C$0.50 and set a "sector perform" rating for the company in a research report on Tuesday, April 22nd. Raymond James dropped their price target on Western Forest Products from C$0.50 to C$0.40 and set a "market perform" rating on the stock in a report on Wednesday, April 30th. Finally, TD Securities dropped their price target on 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.
Get Our Latest Stock Report on WEF
About Western Forest Products
(
Get Free Report)
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.
Featured Stories
Before you consider Western Forest Products, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Western Forest Products wasn't on the list.
While Western Forest Products currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
