Closing Bell: Canfor Corp up on Friday (CFP)

In market activity today, Canfor Corp stock opened at $14.57 and closed at $15.52. It traded at a low of $14.42 to a high of $15.55.

Share prices raised 2.37 percent from the previous day's close of $15.16.

During the day across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

Canfor Corp traded under CFP on the Toronto Stock Exchange (TSX).

Trading volume was 299,470 on 1,700 total trades, while having an average volume of 225,157 over the last 5-days.

The TSX market on the whole today saw 3,857 price advancers against 1,325 declines and 128 unchanged.

During the prior 52 weeks, CFP.TO has traded as high as $22.63 (July 27,2023) and low as $13.41 (October 24,2023). Moreover, in the last 12 months, Canfor Corp's shares have shrunken -30.15%, while they have dipped -13.05% since the start of 2024.

It announced a 0.07 dividend on April 29/03, with an June 11/03 ex-date and June 30/03 pay day.

Following today's trading, Canfor Corp has a market capitalization of $1.80 billion on a float of 118,707 shares outstanding. Its annual EPS is $-2.08.

Canfor Corp is a TSX Lumber & Wood Production company headquartered in Vancouver, CAN.

Currently, Canfor Corp's consensus rating is "Moderate Buy" based on 6 analysts according to Zacks. From those 6 analysts, 5 have buy ratings and 1 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..