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

Shares of Goodfellow Inc. (TSE:GDL) hit a new 52-week low on Friday . The stock traded as low as C$12.96 and last traded at C$13.00, with a volume of 5016 shares changing hands. The stock had previously closed at C$13.10.

Goodfellow Price Performance

The company has a debt-to-equity ratio of 19.35, a current ratio of 2.78 and a quick ratio of 0.99. The stock has a fifty day simple moving average of C$13.53 and a 200-day simple moving average of C$14.01. The company has a market capitalization of C$106.34 million, a price-to-earnings ratio of 8.14 and a beta of 1.07.

Goodfellow (TSE:GDL) last posted its quarterly earnings data on Wednesday, October 9th. The company reported C$0.68 EPS for the quarter. The business had revenue of C$139.67 million during the quarter. Goodfellow had a return on equity of 6.61% and a net margin of 2.56%.

Goodfellow Cuts Dividend

The company also recently announced a Semi-Annual dividend, which was paid on Wednesday, November 6th. Shareholders of record on Wednesday, October 23rd were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, October 23rd. This represents a dividend yield of 1.76%. Goodfellow’s payout ratio is currently 32.47%.

Goodfellow Company Profile

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.