Goodfellow (TSE:GDL) Stock Price Passes Below 50-Day Moving Average of $14.89

Goodfellow Inc. (TSE:GDL)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$14.89 and traded as low as C$14.45. Goodfellow shares last traded at C$14.46, with a volume of 2,733 shares traded.

Goodfellow Trading Down 0.4 %

The company has a debt-to-equity ratio of 12.39, a current ratio of 3.08 and a quick ratio of 0.99. The business’s 50 day simple moving average is C$14.89 and its 200 day simple moving average is C$14.39. The company has a market capitalization of C$123.05 million, a price-to-earnings ratio of 8.36 and a beta of 1.12.

Goodfellow (TSE:GDL) last issued its earnings results on Thursday, April 11th. The company reported C($0.01) earnings per share for the quarter. Goodfellow had a net margin of 2.89% and a return on equity of 7.94%. The firm had revenue of C$105.33 million during the quarter.

Goodfellow Dividend Announcement

The business also recently disclosed a Semi-Annual dividend, which was paid on Tuesday, March 19th. Investors of record on Tuesday, March 5th were issued a dividend of $0.50 per share. This represents a yield of 3.22%. The ex-dividend date was Monday, March 4th. Goodfellow’s dividend payout ratio is currently 57.80%.

About Goodfellow

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.