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

Shares of Goodfellow Inc. (TSE:GDLGet Free Report) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$11.50 and traded as low as C$11.20. Goodfellow shares last traded at C$11.25, with a volume of 1,500 shares trading hands.

Goodfellow Stock Performance

The company has a fifty day moving average price of C$11.49 and a two-hundred day moving average price of C$11.82. The company has a debt-to-equity ratio of 43.77, a current ratio of 2.08 and a quick ratio of 0.99. The company has a market capitalization of C$93.43 million, a P/E ratio of 16.07 and a beta of 0.34.

About Goodfellow

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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.

Further Reading

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