Goodfellow (TSE:GDL) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Goodfellow Inc. (TSE:GDLGet Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$11.71 and traded as low as C$11.60. Goodfellow shares last traded at C$11.60, with a volume of 4,102 shares.

Goodfellow Stock Up 1.2%

The stock’s fifty day moving average price is C$11.71 and its 200 day moving average price is C$11.92. The stock has a market cap of C$97.64 million, a P/E ratio of 15.86 and a beta of 0.32. 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 (EPS) for the quarter. Goodfellow had a net margin of 1.16% and a return on equity of 3.05%. The business 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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