Goodfellow (TSE:GDL) Share Price Passes Below 50 Day Moving Average – Should You Sell?

Goodfellow Inc. (TSE:GDLGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-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 traded.

Goodfellow Stock Down 1.0%

The company has a market cap of C$93.43 million, a P/E ratio of 16.07 and a beta of 0.34. 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’s 50-day moving average is C$11.50 and its two-hundred day moving average is C$11.82.

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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