Royal Bank of Canada upgraded shares of Western Forest Products (OTCMKTS:WFSTF) from an underperform rating to a sector perform rating in a research report released on Thursday morning, The Fly reports.

Shares of OTCMKTS:WFSTF traded down $0.02 during trading hours on Thursday, hitting $1.02. 200 shares of the company’s stock traded hands, compared to its average volume of 36,200. Western Forest Products has a 52 week low of $0.80 and a 52 week high of $1.49. The company’s fifty day simple moving average is $0.91 and its two-hundred day simple moving average is $0.93.

Western Forest Products Company Profile

Western Forest Products Inc operates as an integrated forest products company. The company is involved in timber harvesting, sawmilling logs into specialty lumber, and value-added lumber remanufacturing. It offers various products for outdoor living space, such as structures, decking, landscaping, and fencing; home components, including appearance, Japanese housing, and framing, as well as siding, paneling, trim, and soffits; and furniture, moldings, and decorative purpose, as well as doors, windows, and stair components.

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