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Closing Bell: Western Forest Products Inc down on Wednesday (WEF)

Automated Summaries - The Globe and Mail - Wed Jul 24, 4:01PM CDT

In today's trading, Western Forest Products Inc shares closed at $0.41 after opening the day at $0.43. Intraday prices ranged from $0.41 to $0.43.

The price eased -4.60 percent from the previous day's close of $0.43.

Today across North America, the TSX Composite closed -0.76% at 22639.57, the S&P 500 closed -0.16% at 5555.74, the Dow Jones Industrial Average closed -0.14% at 40358.09 and the Nasdaq Composite closed -0.06% at 17997.35.

Western Forest Products Inc has listed on the Toronto Stock Exchange (TSX) under the ticker WEF.

Trading volume was 427,528 on 95 total trades, while having an average volume of 195,956 over the last 5-days.

The TSX market on the whole today saw 1,249 price advancers against 3,959 declines and 110 unchanged.

During the prior 52 weeks, WEF.TO has traded as high as $1.07 (July 26,2023) and low as $0.41 (July 24,2024). Moreover, the shares have shrunken -61.21 percent in the last 52 weeks, while they have shrunken -41.55% since the start of 2024.

It announced a 0.01 dividend on August 03/23, with an August 24/23 ex-date and September 15/23 pay day.

Following today's trading, Western Forest Products Inc has a market capitalization of $137.78 million on a float of 316,746 shares outstanding. Its annual EPS is $-0.19.

Western Forest Products Inc is a None company headquartered in Vancouver, CAN.

Based on 5.00 analysts, Western Forest Products Inc gets an average recommendation of "Hold" according to Zacks. Currently, there are 5 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..