Goodfellow (TSE:GDL) Reaches New 52-Week Low – What’s Next?

Goodfellow Inc. (TSE:GDL – Get Free Report) shares reached a new 52-week low during trading on Tuesday. The company traded as low as C$10.91 and last traded at C$11.21, with a volume of 3832 shares trading hands. The stock had previously closed at C$10.93.

Goodfellow Stock Up 2.6%

The stock has a market capitalization of C$93.10 million, a price-to-earnings ratio of 16.01 and a beta of 0.26. The firm has a 50-day moving average of C$11.27 and a 200 day moving average of C$11.48. The company has a debt-to-equity ratio of 43.77, a current ratio of 2.08 and a quick ratio of 0.99.

Goodfellow Company Profile

(Get Free Report)

Goodfellow is a diversified manufacturer of value-added lumber products, as well as a wholesale distributor of building materials and floor coverings. With a distribution footprint from coast-to-coast in Canada and in the Northeastern U.S., Goodfellow effectively serves commercial and residential sectors through lumber yard retailer networks, manufacturers, industrial and infrastructure project partners, and floor covering specialists. Goodfellow also leverages its value-added product capabilities to serve lumber markets internationally.

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