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

Shares of Goodfellow Inc. (TSE:GDL) reached a new 52-week low on Monday . The stock traded as low as C$13.00 and last traded at C$13.00, with a volume of 3802 shares traded. The stock had previously closed at C$13.18.

Goodfellow Price Performance

The firm has a market capitalization of C$110.24 million, a PE ratio of 8.44 and a beta of 1.07. 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 business’s 50 day moving average is C$13.92 and its two-hundred day moving average is C$14.15.

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

Goodfellow Cuts Dividend

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