Goodfellow (TSE:GDL) Stock Passes Below 50 Day Moving Average of $14.21

Goodfellow Inc. (TSE:GDL)’s share price passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$14.21 and traded as low as C$14.06. Goodfellow shares last traded at C$14.07, with a volume of 1,212 shares traded.

Goodfellow Stock Performance

The firm’s 50-day moving average price is C$14.21 and its two-hundred day moving average price is C$13.47. The firm has a market capitalization of C$120.02 million, a PE ratio of 5.52 and a beta of 1.23. The company has a quick ratio of 0.99, a current ratio of 2.85 and a debt-to-equity ratio of 25.95.

Goodfellow (TSE:GDL) last posted its quarterly earnings results on Thursday, July 6th. The company reported C$0.77 EPS for the quarter. The business had revenue of C$142.33 million during the quarter. Goodfellow had a net margin of 3.78% and a return on equity of 11.76%.

Goodfellow Company Profile

Goodfellow Inc engages in the wholesale distribution of lumber products, building materials, and floor coverings in Canada and the United States. It is also involved in the remanufacturing and distribution of lumber and wood products. The company's decking products include accessories, composite, framing, and wood products for outdoor spaces; and flooring products comprise engineered wood floors, hardwood floors, laminates, sub-floors and accessories, planks and tiles, and stone product composite.