LONDON, UK / ACCESSWIRE / October 6, 2017 / Pro-Trader Daily has lined up these stocks for our daily research reports coverage. Before the markets open, Pro-TD makes a brief technical snapshot of select stocks with the Forest Products industry and that trades on the Toronto Exchanges. This Morning, our team has regrouped these stocks for study: Tembec, Domtar, Conifex Timber, and Cascades. Register for these free reports at:
At the closing bell on Thursday, October 05, 2017, the Toronto Exchange Composite index edged 0.35% higher to finish the trading session at 15,776.30 with a total volume of 270,398,167 shares exchanging hands for the day.
Pro-Trader Daily’s complimentary research reports on the following stocks are now available: Tembec Inc. (TSX: TMB), Domtar Corporation (TSX: UFS), Conifex Timber Inc. (TSX: CFF), and Cascades Inc. (TSX: CAS). Sign up now for your free membership and research reports at:
Montreal, Canada headquartered Tembec Inc.’s stock fell 1.28%, to finish Thursday’s session at $4.61 with a total volume of 51,449 shares traded. Over the last one month and the previous three months, Tembec’s shares have gained 0.44% and 11.66%, respectively. Furthermore, the stock has rallied 395.70% in the past one year. The Company’s shares are trading above its 50-day and 200-day moving averages. Tembec’s 50-day moving average of $4.57 is above its 200-day moving average of $3.93. Shares of the Company, which produces and sells forest products in Canada, the US, China, the European Union, and internationally, are trading at a PE ratio of 10.48. See our research report on TMB.TO at:
On Thursday, shares in Fort Mill, South Carolina-based Domtar Corp. recorded a trading volume of 119,387 shares, which was higher than their three months average volume of 33,623 shares. The stock ended the day 3.13% lower at $53.80. Domtar’s stock has gained 10.04% in the last one month and 8.05% in the previous three months. Furthermore, the stock has advanced 8.10% in the previous one year. The Company’s shares are trading above its 50-day and 200-day moving averages. The stock’s 50-day moving average of $51.40 is above its 200-day moving average of $50.26. Shares of Domtar, which designs, manufactures, markets, and distributes communication papers, specialty and packaging papers, and absorbent hygiene products in the US, Canada, Europe, Asia, and internationally, are trading at a PE ratio of 20.52. The complementary research report on UFS.TO at:
Conifex Timber Inc.
On Thursday, shares in Vancouver, Canada headquartered Conifex Timber Inc. ended the session flat at $4.74 with a total volume of 22,900 shares traded. Conifex Timber’s shares have gained 6.76% in the last one month and 53.40% in the previous three months. Furthermore, the stock has surged 41.49% in the past one year. The stock is trading above its 50-day and 200-day moving averages. Furthermore, the stock’s 50-day moving average of $4.20 is greater than its 200-day moving average of $3.42. Shares of the Company, which manufactures and sells lumber products in the US, China, Canada, and Japan, are trading at a PE ratio of 11.56. Register for free and access the latest research report on CFF.TO at:
Kingsey Falls, Canada headquartered Cascades Inc.’s stock closed the day 2.26% higher at $15.40. The stock recorded a trading volume of 188,988 shares. Cascades’ shares have gained 6.87% in the past one month and 25.92% in the previous one year. The Company’s shares are trading above their 50-day moving average. Moreover, the stock’s 200-day moving average of $15.64 is greater than its 50-day moving average of $14.95. Shares of the Company, which together with its subsidiaries, produces, converts, and markets packaging and tissue products in Canada, the US, and Europe, are trading at a PE ratio of 2.95. Get free access to your research report on CAS.TO at:
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