Western Forest Products (TSE:WEF) Director Acquires C$30,030.00 in Stock

Western Forest Products Inc. (TSE:WEFGet Free Report) Director Elizabeth Kernaghan purchased 2,600 shares of the business’s stock in a transaction on Thursday, November 6th. The shares were bought at an average price of C$11.55 per share, with a total value of C$30,030.00. Following the purchase, the director directly owned 1,791,200 shares in the company, valued at approximately C$20,688,360. The trade was a 0.15% increase in their position.

Elizabeth Kernaghan also recently made the following trade(s):

  • On Monday, November 3rd, Elizabeth Kernaghan acquired 5,000 shares of Western Forest Products stock. The stock was bought at an average cost of C$11.75 per share, with a total value of C$58,750.00.
  • On Monday, November 3rd, Elizabeth Kernaghan bought 9,600 shares of Western Forest Products stock. The shares were bought at an average cost of C$11.70 per share, for a total transaction of C$112,320.00.
  • On Monday, November 3rd, Elizabeth Kernaghan purchased 300 shares of Western Forest Products stock. The shares were bought at an average price of C$11.69 per share, with a total value of C$3,507.00.
  • On Monday, November 3rd, Elizabeth Kernaghan acquired 100 shares of Western Forest Products stock. The shares were bought at an average price of C$11.68 per share, for a total transaction of C$1,168.00.
  • On Tuesday, November 4th, Elizabeth Kernaghan acquired 4,900 shares of Western Forest Products stock. The shares were purchased at an average cost of C$11.60 per share, for a total transaction of C$56,840.00.
  • On Wednesday, November 5th, Elizabeth Kernaghan bought 4,000 shares of Western Forest Products stock. The stock was purchased at an average price of C$11.60 per share, with a total value of C$46,400.00.
  • On Wednesday, November 5th, Elizabeth Kernaghan purchased 900 shares of Western Forest Products stock. The shares were purchased at an average price of C$11.59 per share, for a total transaction of C$10,431.00.
  • On Wednesday, November 5th, Elizabeth Kernaghan acquired 100 shares of Western Forest Products stock. The stock was purchased at an average cost of C$11.57 per share, with a total value of C$1,157.00.
  • On Wednesday, November 5th, Elizabeth Kernaghan acquired 7,300 shares of Western Forest Products stock. The stock was purchased at an average price of C$11.55 per share, with a total value of C$84,315.00.
  • On Thursday, November 6th, Elizabeth Kernaghan bought 500 shares of Western Forest Products stock. The shares were purchased at an average cost of C$11.52 per share, for a total transaction of C$5,760.00.

Western Forest Products Stock Performance

Shares of TSE WEF traded down C$0.23 during midday trading on Friday, reaching C$11.38. The company’s stock had a trading volume of 37,054 shares, compared to its average volume of 18,184. The stock has a market capitalization of C$120.15 million, a P/E ratio of -5.07, a PEG ratio of 0.32 and a beta of 0.71. The company has a debt-to-equity ratio of 19.61, a current ratio of 3.04 and a quick ratio of 0.73. The firm has a 50 day moving average price of C$12.33 and a 200-day moving average price of C$12.22. Western Forest Products Inc. has a 12-month low of C$10.80 and a 12-month high of C$14.70.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Raymond James Financial upped their target price on shares of Western Forest Products to C$10.00 in a research report on Friday, August 8th. Scotiabank upped their target price on Western Forest Products to C$15.00 in a report on Friday, August 1st. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Western Forest Products presently has a consensus rating of “Hold” and an average target price of C$13.38.

View Our Latest Report on WEF

Western Forest Products Company Profile

(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.

See Also

Insider Buying and Selling by Quarter for Western Forest Products (TSE:WEF)

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