GreenFirst Forest Products (OTCMKTS:ICLTF) Trading 4.3% Higher – Still a Buy?

GreenFirst Forest Products Inc. (OTCMKTS:ICLTFGet Free Report) shares shot up 4.3% on Thursday . The company traded as high as C$3.85 and last traded at C$3.85. 1,351 shares were traded during mid-day trading, a decline of 82% from the average session volume of 7,705 shares. The stock had previously closed at C$3.69.

GreenFirst Forest Products Stock Performance

The business has a 50 day simple moving average of C$3.92 and a 200-day simple moving average of C$2.13.

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.

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