Acadian Timber (TSE:ADN) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Acadian Timber Corp. (TSE:ADNGet Free Report)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$17.69 and traded as high as C$17.93. Acadian Timber shares last traded at C$17.45, with a volume of 3,917 shares trading hands.

Acadian Timber Stock Performance

The company has a quick ratio of 1.04, a current ratio of 0.38 and a debt-to-equity ratio of 33.22. The stock has a market cap of C$306.07 million, a P/E ratio of 9.38, a PEG ratio of -4.84 and a beta of 0.87. The business has a 50 day moving average price of C$17.62 and a 200 day moving average price of C$17.69.

Acadian Timber Company Profile

(Get Free Report)

Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company’s operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company’s product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.

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