Goodfellow (TSE:GDL) Sets New 52-Week Low – Time to Sell?

Goodfellow Inc. (TSE:GDL)’s share price reached a new 52-week low on Friday . The company 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 business’s fifty day simple moving average is C$13.51 and its 200-day simple moving average is C$14.00. The company has a current ratio of 2.78, a quick ratio of 0.99 and a debt-to-equity ratio of 19.35. The firm has a market cap of C$110.16 million, a P/E ratio of 8.44 and a beta of 1.07.

Goodfellow (TSE:GDL) last issued its quarterly earnings data on Wednesday, October 9th. The company reported C$0.68 earnings per share (EPS) for the quarter. The business had revenue of C$139.67 million for 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 disclosed a Semi-Annual dividend, which was paid on Wednesday, November 6th. Stockholders of record on Wednesday, October 23rd were given a $0.25 dividend. The ex-dividend date of this dividend was Wednesday, October 23rd. This represents a dividend yield of 1.76%. Goodfellow’s dividend payout ratio (DPR) 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.