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Closing Bell: Western Forest Products Inc down on Friday (WEF)

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

In trading today, shares of Western Forest Products Inc opened at $0.42 and closed at $0.41. It traded at a low of $0.41 to a high of $0.42.

Shares eased -1.20 percent from the previous day's close of $0.41.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

Western Forest Products Inc has listed on the Toronto Stock Exchange (TSX) under the ticker WEF.

Trading volume was 354,033 on 78 total trades, while having an average volume of 1,969,187 in the last five days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, WEF.TO has traded as high as $1.05 (August 04,2023) and low as $0.41 (August 02,2024). Moreover, in the last 52 weeks, Western Forest Products Inc's shares have shrunken -61.32 percent, while they have shrunken -42.25% since the start of 2024.

It announced a 0.01 dividend on August 03/23, with an August 24/23 ex-date and September 15/23 pay day.

Following today's trading, Western Forest Products Inc has a market capitalization of $131.45 million on a float of 316,746 shares outstanding. Its annual EPS is $-0.14.

Western Forest Products Inc is a None company headquartered in Vancouver, CAN.

Based on 5.00 analysts, Western Forest Products Inc gets an average recommendation of "Hold" according to Zacks. Currently, there are 5 hold ratings for the stock.

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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..