Goodfellow (TSE:GDL) Stock Passes Below 50-Day Moving Average of $14.85

Goodfellow Inc. (TSE:GDL)’s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$14.85 and traded as low as C$13.95. Goodfellow shares last traded at C$14.31, with a volume of 2,050 shares changing hands.

Goodfellow Price Performance

The stock has a market cap of C$121.78 million, a P/E ratio of 8.27 and a beta of 1.13. The company has a current ratio of 3.08, a quick ratio of 0.99 and a debt-to-equity ratio of 12.39. The company’s fifty day simple moving average is C$14.85 and its 200-day simple moving average is C$14.30.

Goodfellow (TSE:GDL) last announced its quarterly earnings results on Thursday, April 11th. The company reported C($0.01) earnings per share (EPS) for the quarter. The business had revenue of C$105.33 million during the quarter. Goodfellow had a net margin of 2.89% and a return on equity of 7.94%.

Goodfellow Dividend Announcement

The firm also recently declared a Semi-Annual dividend, which was paid on Tuesday, March 19th. Shareholders of record on Tuesday, March 5th were issued a $0.50 dividend. This represents a yield of 3.22%. The ex-dividend date was Monday, March 4th. Goodfellow’s dividend payout ratio (DPR) is presently 57.80%.

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.