Acadian Timber (OTCMKTS:ACAZF) Stock Price Up 0.3% – Here’s Why

Acadian Timber Corp. (OTCMKTS:ACAZF – Get Free Report)’s stock price rose 0.3% during trading on Wednesday . The company traded as high as $12.48 and last traded at $12.48. Approximately 320 shares changed hands during mid-day trading, a decline of 82% from the average daily volume of 1,762 shares. The stock had previously closed at $12.4380.

Acadian Timber Stock Performance

The business has a 50 day moving average price of $12.52 and a 200 day moving average price of $12.08.

About Acadian Timber

(Get Free Report)

Acadian Timber Corporation is an independent timberland investment company focused on the acquisition, management and development of forest assets. Headquartered in Halifax, Nova Scotia, the company supplies softwood logs and wood fibre to regional sawmills, pulp and paper facilities, and engineered wood product manufacturers across eastern Canada and the northeastern United States.

Incorporated in 2013 through a strategic spin-off of privately held timberlands, Acadian Timber began trading on the Toronto Stock Exchange later that year.

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