Goodfellow (TSE:GDL) Hits New 12-Month Low – Here’s Why

Shares of Goodfellow Inc. (TSE:GDLGet Free Report) hit a new 52-week low on Thursday . The stock traded as low as C$11.13 and last traded at C$11.13, with a volume of 5181 shares. The stock had previously closed at C$11.45.

Goodfellow Stock Performance

The company has a 50 day moving average of C$12.15 and a two-hundred day moving average of C$13.35. The company has a debt-to-equity ratio of 19.35, a current ratio of 2.78 and a quick ratio of 0.99. The company has a market capitalization of C$93.86 million, a PE ratio of 7.22 and a beta of 1.07.

Goodfellow Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 19th. Investors of record on Wednesday, March 19th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, March 5th. This represents a yield of 2.06%. Goodfellow’s payout ratio is currently 32.45%.

Goodfellow Company Profile

(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.

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