Goodfellow (TSE:GDL) Hits New 52-Week Low – Here’s Why

Goodfellow Inc. (TSE:GDLGet Free Report) reached a new 52-week low on Friday . The company traded as low as C$12.96 and last traded at C$13.00, with a volume of 5016 shares traded. The stock had previously closed at C$13.10.

Goodfellow Trading Down 4.3 %

The company has a market capitalization of C$106.34 million, a PE ratio of 8.14 and a beta of 1.07. The company has a fifty day simple moving average of C$13.53 and a 200-day simple moving average of C$14.01. The company has a current ratio of 2.78, a quick ratio of 0.99 and a debt-to-equity ratio of 19.35.

Goodfellow (TSE:GDLGet Free Report) last announced its quarterly earnings data on Wednesday, October 9th. The company reported C$0.68 earnings per share (EPS) for the quarter. Goodfellow had a net margin of 2.56% and a return on equity of 6.61%. The firm had revenue of C$139.67 million during the quarter.

Goodfellow Cuts Dividend

The company also recently declared a Semi-Annual dividend, which was paid on Wednesday, November 6th. Stockholders of record on Wednesday, October 23rd were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, October 23rd. This represents a dividend yield of 1.76%. Goodfellow’s dividend payout ratio is currently 32.47%.

About Goodfellow

(Get Free Report)

Goodfellow Inc engages in the wholesale distribution of building materials, and floor coverings in Canada, the United States, and internationally. It is also involved in the remanufacturing and distribution of lumber and wood products. The company's decking products include accessories, composite, framing, and wood products for outdoor spaces; and flooring products, such as comfort core, engineered wood, hardwood, laminates, sub-floors and accessories, planks and tiles, and stone product composite.

Further Reading

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