GreenFirst Forest Products (OTCMKTS:ICLTF) Stock Price Down 15.3% – Should You Sell?

Shares of GreenFirst Forest Products Inc. (OTCMKTS:ICLTFGet Free Report) were down 15.3% during trading on Tuesday . The company traded as low as C$2.05 and last traded at C$2.05. Approximately 1,059 shares changed hands during trading, a decline of 82% from the average daily volume of 6,047 shares. The stock had previously closed at C$2.42.

GreenFirst Forest Products Stock Performance

The firm’s 50-day moving average is C$3.10 and its two-hundred day moving average is C$3.30.

About GreenFirst Forest Products

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GreenFirst Forest Products Inc engages in the manufacture and sale of forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets.

Further Reading

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