Acadian Timber (TSE:ADN) Shares Cross Above 200-Day Moving Average – Time to Sell?

Acadian Timber Corp. (TSE:ADNGet Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-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 traded.

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 firm has a 50 day moving average price of C$17.62 and a 200 day moving average price of C$17.69. The stock has a market cap of C$306.07 million, a PE ratio of 9.38, a price-to-earnings-growth ratio of -4.84 and a beta of 0.87.

About Acadian Timber

(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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