GreenFirst Forest Products (TSE:GFP) Sets New 52-Week Low – Time to Sell?

GreenFirst Forest Products Inc. (TSE:GFP)’s stock price reached a new 52-week low on Thursday. The company traded as low as C$1.35 and last traded at C$1.41, with a volume of 8,803 shares traded. The stock had previously closed at C$1.50.

GreenFirst Forest Products Stock Performance

The stock has a market cap of C$32.89 million, a PE ratio of -0.31 and a beta of 1.67. The business has a 50 day moving average price of C$1.80 and a two-hundred day moving average price of C$1.96. The company has a debt-to-equity ratio of 149.36, a current ratio of 2.11 and a quick ratio of 1.06.

GreenFirst Forest Products (TSE:GFP) last issued its quarterly earnings results on Tuesday, August 11th. The company reported C$0.24 earnings per share (EPS) for the quarter. GreenFirst Forest Products had a negative net margin of 34.66% and a negative return on equity of 184.29%. The company had revenue of C$96.10 million during the quarter. As a group, equities research analysts forecast that GreenFirst Forest Products Inc. will post 0.05 EPS for the current fiscal year.

GreenFirst Forest Products Company Profile

GreenFirst Forest Products is a forest-first business, focused on sustainable forest management and lumber production. The Company owns four sawmills located in rich wood baskets proudly operating over six million hectares of FSC® certified public Ontario forest lands (FSC®-C167905). The Company believes that responsible forest practices, coupled with the long-term green advantage of lumber, provide GreenFirst with significant cyclical and secular advantages in building products.