Goodfellow (TSE:GDL) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

Goodfellow Inc. (TSE:GDLGet Free Report) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$11.69 and traded as low as C$11.60. Goodfellow shares last traded at C$11.61, with a volume of 201 shares traded.

Goodfellow Stock Performance

The company has a market capitalization of C$96.39 million, a PE ratio of 15.66 and a beta of 0.32. The business’s fifty day moving average is C$11.69 and its two-hundred day moving average is C$11.91. The company has a current ratio of 2.31, a quick ratio of 0.99 and a debt-to-equity ratio of 31.81.

Goodfellow (TSE:GDLGet Free Report) last announced its quarterly earnings data on Wednesday, April 8th. The company reported C($0.36) earnings per share for the quarter. Goodfellow had a return on equity of 3.05% and a net margin of 1.16%.The firm had revenue of C$108.73 million during the quarter.

About Goodfellow

(Get Free Report)

Goodfellow Inc is engaged in remanufacturers and distributors of lumber products and hardwood flooring products. It is engaged in the domestic and export sales of wholesale distribution of wood products, and remanufacturing, distribution and brokerage of lumber. Goodfellow offers products, including decking, flooring, lumber, insulation and soundproofing, panels, siding, and specialty and commodity panels. Goodfellow represents three main sectors – retail trade, industrial, and manufacturing. The company manages its operations under one operating segment.

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