Conifex Timber (TSE:CFF) Downgraded by Raymond James to Market Perform

Raymond James downgraded shares of Conifex Timber (TSE:CFF) from an outperform rating to a market perform rating in a research note released on Thursday, MarketBeat.com reports. They currently have C$0.85 price target on the stock.

Conifex Timber Price Performance

Shares of TSE CFF opened at C$0.32 on Thursday. The firm has a market cap of C$13.05 million, a PE ratio of -0.58, a PEG ratio of 0.06 and a beta of 1.42. The firm has a fifty day moving average of C$0.33 and a 200 day moving average of C$0.38. The company has a debt-to-equity ratio of 79.64, a quick ratio of 0.91 and a current ratio of 1.48. Conifex Timber has a one year low of C$0.21 and a one year 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.