Goodfellow (TSE:GDL) Reaches New 1-Year Low – What’s Next?

Goodfellow Inc. (TSE:GDL) shares hit a new 52-week low during trading on Thursday . The company traded as low as C$12.00 and last traded at C$12.34, with a volume of 200 shares changing hands. The stock had previously closed at C$12.16.

Goodfellow Stock Performance

The stock has a market capitalization of C$102.61 million, a P/E ratio of 7.86 and a beta of 1.07. The company’s fifty day simple moving average is C$13.37 and its two-hundred day simple moving average is C$13.93. The company has a debt-to-equity ratio of 19.35, a quick ratio of 0.99 and a current ratio of 2.78.

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

About Goodfellow

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.