GreenFirst Forest Products (TSE:GFP) Hits New 52-Week Low – What’s Next?

Shares of GreenFirst Forest Products Inc. (TSE:GFPGet Free Report) hit a new 52-week low during trading on Friday . The company traded as low as C$2.35 and last traded at C$2.38, with a volume of 18435 shares traded. The stock had previously closed at C$2.40.

GreenFirst Forest Products Stock Performance

The stock has a 50-day moving average of C$2.86 and a 200 day moving average of C$3.40. The company has a debt-to-equity ratio of 24.73, a current ratio of 1.23 and a quick ratio of 1.06. The stock has a market capitalization of C$54.70 million, a price-to-earnings ratio of -1.70 and a beta of 1.00.

GreenFirst Forest Products Company Profile

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GreenFirst Forest Products Inc is a forest-first business, focused on sustainable forest management and lumber production. GreenFirst is a Canadian managed company with around 7 sawmills and 1 paper mill located across Ontario and Quebec. It serves residential and commercial construction markets as well as the industrial market.

Further Reading

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