Interfor (OTCMKTS:IFSPF) Stock Price Up 2.6% – What’s Next?

Interfor Co. (OTCMKTS:IFSPF) rose 2.6% on Friday. The company traded as high as $10.07 and last traded at $10.07. Approximately 25,843 shares were traded during trading, a decline of 5% from the average session volume of 27,144 shares. The stock had previously closed at $9.8150.

Analyst Ratings Changes

Several brokerages have recently issued reports on IFSPF. Scotiabank reissued an “outperform” rating on shares of Interfor in a report on Monday, August 10th. Raymond James Financial upgraded Interfor from an “outperform” rating to a “strong-buy” rating in a research note on Tuesday, September 15th. Canadian Imperial Bank of Commerce reaffirmed a “neutral” rating on shares of Interfor in a report on Tuesday, July 21st. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Interfor in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Interfor Stock Up 2.6%

The firm’s 50 day moving average is $10.02 and its 200-day moving average is $8.82.

Interfor Company Profile

Interfor Corporation is a Canadian forest products company that manufactures and sells lumber and related wood products. Its primary business is the production of dimensional lumber used in residential and commercial construction, repair and remodeling, and industrial applications.

The company also produces specialty and value-added wood products, including grades and sizes designed for specific construction and manufacturing needs. Interfor sells its products through building material distributors, retailers and other customers in North America and international markets.

Interfor operates sawmills and related facilities in the Canadian province of British Columbia and in the U.S.