GFL Environmental Inc. (TSE:GFL - Get Free Report)'s share price shot up 1.2% during mid-day trading on Wednesday . The company traded as high as C$66.38 and last traded at C$66.34. 137,642 shares changed hands during trading, a decline of 51% from the average session volume of 281,014 shares. The stock had previously closed at C$65.58.
Wall Street Analysts Forecast Growth
Separately, Citigroup raised shares of GFL Environmental to a "strong-buy" rating in a research note on Monday, January 27th.
View Our Latest Research Report on GFL
GFL Environmental Trading Up 0.7 %
The firm has a market cap of C$25.46 billion, a PE ratio of -43.30, a P/E/G ratio of -0.76 and a beta of 1.03. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 147.75. The company's 50 day moving average price is C$63.76 and its two-hundred day moving average price is C$60.13.
GFL Environmental Cuts Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were issued a dividend of $0.014 per share. This represents a $0.06 annualized dividend and a yield of 0.08%. The ex-dividend date of this dividend was Monday, January 13th. GFL Environmental's payout ratio is -5.25%.
About GFL Environmental
(
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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.
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