West Fraser Timber Co. Ltd. (OTCMKTS:WFTBF – Get Free Report) shot up 0.4% during trading on Wednesday . The company traded as high as $72.47 and last traded at $71.51. 297,682 shares traded hands during trading, an increase of 6,484% from the average session volume of 4,521 shares. The stock had previously closed at $71.24.
West Fraser Timber Trading Down 0.9%
The company’s fifty day moving average price is $67.69 and its two-hundred day moving average price is $66.43.
West Fraser Timber Company Profile
West Fraser Timber Co Ltd. (OTCMKTS: WFTBF) is a Vancouver, British Columbia–based forest products company that engages in the harvesting, processing and distribution of wood, fiber and related products. Established in 1955 in Quesnel, British Columbia by brothers Ron and Cliff Cowan, the company has grown into one of the largest lumber producers in the world. West Fraser operates an integrated network of sawmills, engineered wood and panel mills, as well as pulp and paper facilities. Its operations encompass timberlands management, wood procurement and manufacturing activities that serve residential, commercial and industrial markets.
The company’s product portfolio includes dimensional lumber, oriented strand board (OSB), laminated veneer lumber (LVL), plywood, medium-density fibreboard (MDF), pulp, newsprint and specialty papers.
Recommended Stories
- Five stocks we like better than West Fraser Timber
- Sony and TSMC’s $4.7 Billion Venture Is About More Than Camera Sensors
- Quantum Leaps: Debt-Free as AI Storage Demand Accelerates
- NVIDIA’s $500 Billion GPU Financing Deal Fuels Path Toward $270
- Sandisk’s Margins Look Like Software. Can They Last?
Receive News & Ratings for West Fraser Timber Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for West Fraser Timber and related companies with MarketBeat.com's FREE daily email newsletter.
