Goodfellow (TSE:GDL) Stock Crosses Above 50 Day Moving Average – Here’s Why

Goodfellow Inc. (TSE:GDLGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$11.40 and traded as high as C$11.54. Goodfellow shares last traded at C$11.53, with a volume of 546 shares.

Goodfellow Stock Down 0.2%

The firm has a market cap of C$95.59 million, a P/E ratio of 16.44 and a beta of 0.31. The business’s fifty day moving average price is C$11.39 and its two-hundred day moving average price is C$11.74. The company has a current ratio of 2.08, a quick ratio of 0.99 and a debt-to-equity ratio of 43.77.

Goodfellow Company Profile

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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.

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