Goodfellow (TSE:GDL) Stock Price Crosses Below 50-Day Moving Average – What’s Next?

Goodfellow Inc. (TSE:GDL)’s share price passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$11.42 and traded as low as C$11.35. Goodfellow shares last traded at C$11.45, with a volume of 1,024 shares.

Goodfellow Stock Performance

The stock’s 50-day moving average is C$11.41 and its 200 day moving average is C$11.77. The stock has a market cap of C$95.84 million, a price-to-earnings ratio of 16.49 and a beta of 0.31. The company has a debt-to-equity ratio of 43.77, a current ratio of 2.08 and a quick ratio of 0.99.

Goodfellow Company Profile

Goodfellow Inc is engaged in remanufacturers and distributors of lumber products and hardwood flooring products. It is engaged in the domestic and export sales of wholesale distribution of wood products, and remanufacturing, distribution and brokerage of lumber. Goodfellow offers products, including decking, flooring, lumber, insulation and soundproofing, panels, siding, and specialty and commodity panels. Goodfellow represents three main sectors – retail trade, industrial, and manufacturing. The company manages its operations under one operating segment.