GreenFirst Forest Products (TSE:GFP) Stock Price Down 1.7% – Here’s What Happened

GreenFirst Forest Products Inc. (TSE:GFP)’s stock price fell 1.7% during trading on Monday . The stock traded as low as C$2.13 and last traded at C$2.26. Approximately 5,202 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 7,120 shares. The stock had previously closed at C$2.30.

GreenFirst Forest Products Price Performance

The company has a quick ratio of 1.06, a current ratio of 1.79 and a debt-to-equity ratio of 183.88. The firm’s 50-day moving average is C$2.12 and its 200-day moving average is C$2.17. The company has a market cap of C$51.62 million, a PE ratio of -0.42 and a beta of 1.38.

GreenFirst Forest Products (TSE:GFP) last posted its quarterly earnings data on Tuesday, May 5th. The company reported C($0.89) earnings per share for the quarter. The firm had revenue of C$60.62 million for the quarter. GreenFirst Forest Products had a negative net margin of 41.20% and a negative return on equity of 149.94%. On average, equities analysts anticipate that GreenFirst Forest Products Inc. will post 0.05 EPS for the current year.

GreenFirst Forest Products Company Profile

GreenFirst Forest Products is a forest-first business, focused on sustainable forest management and lumber production. The Company owns four sawmills located in rich wood baskets proudly operating over six million hectares of FSC® certified public Ontario forest lands (FSC®-C167905). The Company believes that responsible forest practices, coupled with the long-term green advantage of lumber, provide GreenFirst with significant cyclical and secular advantages in building products.