Goodfellow (TSE:GDL) Reaches New 12-Month Low – Here’s What Happened

Goodfellow Inc. (TSE:GDL) shares reached a new 52-week low during trading on Monday . The stock traded as low as C$13.00 and last traded at C$13.00, with a volume of 3802 shares. The stock had previously closed at C$13.18.

Goodfellow Trading Up 1.3 %

The company has a current ratio of 2.78, a quick ratio of 0.99 and a debt-to-equity ratio of 19.35. The company has a market cap of C$112.70 million, a PE ratio of 8.63 and a beta of 1.07. The company has a fifty day simple moving average of C$13.84 and a two-hundred day simple moving average of C$14.13.

Goodfellow (TSE:GDL) last released its earnings results on Wednesday, October 9th. The company reported C$0.68 earnings per share for the quarter. The firm had revenue of C$139.67 million for the quarter. Goodfellow had a net margin of 2.56% and a return on equity of 6.61%.

Goodfellow Cuts Dividend

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

Goodfellow Company Profile

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.