Conifex Timber (TSE:CFF) Cut to Market Perform at Raymond James

Raymond James downgraded shares of Conifex Timber (TSE:CFF) from an outperform rating to a market perform rating in a report issued on Thursday, MarketBeat Ratings reports. Raymond James currently has C$0.85 price target on the stock.

Conifex Timber Stock Performance

CFF stock opened at C$0.32 on Thursday. The company has a debt-to-equity ratio of 79.64, a current ratio of 1.48 and a quick ratio of 0.91. The company has a market capitalization of C$13.05 million, a PE ratio of -0.58, a P/E/G ratio of 0.06 and a beta of 1.42. The firm’s 50-day moving average is C$0.33 and its 200 day moving average is C$0.38. Conifex Timber has a 12 month low of C$0.21 and a 12 month high of C$0.74.

About Conifex Timber

Conifex Timber Inc engages in the production, marketing, and sale of lumber products in the United States, Canada, and Japan. The company is also involved in the timber harvesting, reforestation, and forest management activities; manufacture, sale, and distribution of dimension lumber; processing logs into lumber and wood chips; and providing value added lumber finishing services.