Goodfellow (TSE:GDL) Hits New 12-Month Low – Here’s Why

Goodfellow Inc. (TSE:GDL) shares hit a new 52-week low on Friday . The stock traded as low as C$11.03 and last traded at C$11.03, with a volume of 9631 shares traded. The stock had previously closed at C$11.85.

Goodfellow Trading Down 3.0 %

The company has a market cap of C$96.98 million, a PE ratio of 7.46 and a beta of 1.07. The stock’s 50 day moving average is C$11.97 and its 200-day moving average is C$13.07. The company has a quick ratio of 0.99, a current ratio of 2.78 and a debt-to-equity ratio of 19.35.

Goodfellow Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 19th. Investors of record on Wednesday, March 19th were issued a $0.25 dividend. This represents a dividend yield of 2.06%. The ex-dividend date was Wednesday, March 5th. Goodfellow’s payout ratio is 32.45%.

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.