Goodfellow (TSE:GDL) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Shares of Goodfellow Inc. (TSE:GDL) crossed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$11.69 and traded as low as C$11.60. Goodfellow shares last traded at C$11.61, with a volume of 201 shares.

Goodfellow Price Performance

The business’s 50 day moving average price is C$11.69 and its 200 day moving average price is C$11.91. The stock has a market capitalization of C$96.56 million, a P/E ratio of 15.69 and a beta of 0.32. The company has a debt-to-equity ratio of 31.81, a current ratio of 2.31 and a quick ratio of 0.99.

Goodfellow (TSE:GDL) last announced its quarterly earnings results on Wednesday, April 8th. The company reported C($0.36) EPS for the quarter. The company had revenue of C$108.73 million during the quarter. Goodfellow had a return on equity of 3.05% and a net margin of 1.16%.

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.