GFL Environmental (TSE:GFL) Hits New 12-Month High - Time to Buy?

Shares of GFL Environmental Inc. (TSE:GFL - Get Free Report) hit a new 52-week high on Tuesday . The stock traded as high as C$70.03 and last traded at C$69.35, with a volume of 101420 shares changing hands. The stock had previously closed at C$68.87.

Analyst Ratings Changes

Separately, Citigroup raised shares of GFL Environmental to a "strong-buy" rating in a report on Monday, January 27th.

GFL Environmental Stock Down 2.1 %

The stock has a market capitalization of C$26.38 billion, a price-to-earnings ratio of -44.86, a PEG ratio of -0.76 and a beta of 1.03. The company has a debt-to-equity ratio of 147.75, a current ratio of 0.58 and a quick ratio of 0.57. The business has a fifty day moving average of C$65.36 and a 200 day moving average of C$62.04.

GFL Environmental Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Stockholders of record on Friday, January 31st were issued a dividend of $0.014 per share. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.08%. The ex-dividend date was Monday, January 13th. GFL Environmental's dividend payout ratio is presently -5.25%.

GFL Environmental Company Profile

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.