West Fraser Timber Co. Ltd. (OTCMKTS:WFTBF – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Thursday. The stock has a two hundred day moving average of $67.06 and traded as high as $70.00. West Fraser Timber shares last traded at $69.74, with a volume of 262,972 shares trading hands.
West Fraser Timber Stock Up 5.9%
The firm’s 50 day simple moving average is $68.23 and its 200 day simple moving average is $67.06.
About West Fraser Timber
West Fraser Timber Co Ltd. is a diversified North American forest products company that manufactures and sells a range of wood-based products. Its portfolio includes lumber, oriented strand board (OSB), plywood, laminated veneer lumber, medium-density fiberboard, pulp, newsprint and wood chips, serving residential construction, industrial, packaging and other end markets.
The company operates manufacturing facilities and timberlands in Canada and the United States, with its business concentrated in British Columbia, Alberta and the U.S.
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