West Fraser Timber (OTCMKTS:WFTBF) Stock Price Up 0.1% – Still a Buy?

West Fraser Timber Co. Ltd. (OTCMKTS:WFTBF – Get Free Report) shares rose 0.1% on Tuesday. The company traded as high as $64.67 and last traded at $64.25. Approximately 102,180 shares traded hands during mid-day trading, an increase of 2,160% from the average daily volume of 4,521 shares. The stock had previously closed at $64.21.

West Fraser Timber Stock Performance

The company has a 50 day simple moving average of $69.00 and a 200 day simple moving average of $66.72.

About West Fraser Timber

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West Fraser Timber Co Ltd. is an integrated forest products company that manufactures and sells wood products and pulp. Its portfolio includes lumber, oriented strand board, plywood, laminated veneer lumber, medium-density fiberboard, and pulp and paper products used in residential and commercial construction, renovation, industrial applications, and other end markets.

Founded in 1955 in Quesnel, British Columbia, West Fraser has expanded from its Canadian roots into a North American forestry and manufacturing business.

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