GreenFirst Forest Products (TSE:GFP) Shares Down 1.2% – Time to Sell?

GreenFirst Forest Products Inc. (TSE:GFPGet Free Report)’s stock price traded down 1.2% on Wednesday . The stock traded as low as C$5.33 and last traded at C$5.53. 9,000 shares traded hands during trading, an increase of 9% from the average session volume of 8,261 shares. The stock had previously closed at C$5.60.

GreenFirst Forest Products Stock Performance

The firm’s 50 day moving average is C$4.12 and its 200-day moving average is C$1.70. The stock has a market capitalization of C$981.96 million, a price-to-earnings ratio of -2.13 and a beta of 1.17. The company has a debt-to-equity ratio of 33.15, a quick ratio of 1.06 and a current ratio of 2.03.

About GreenFirst Forest Products

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GreenFirst Forest Products Inc engages in the manufacture and sale of forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets.

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