Free Trial

Goodfellow (TSE:GDL) Shares Cross Below 50 Day Moving Average - Should You Sell?

Goodfellow logo with Basic Materials background

Goodfellow Inc. (TSE:GDL - Get Free Report) shares passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$14.34 and traded as low as C$13.63. Goodfellow shares last traded at C$14.08, with a volume of 9,541 shares traded.

Goodfellow Price Performance

The stock has a fifty day moving average of C$14.34 and a two-hundred day moving average of C$14.33. 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 stock has a market capitalization of C$116.52 million, a price-to-earnings ratio of 9.14 and a beta of 1.07.

Goodfellow (TSE:GDL - Get Free Report) last issued its quarterly earnings data on Wednesday, October 9th. The company reported C$0.68 EPS for the quarter. Goodfellow had a net margin of 2.56% and a return on equity of 6.61%. The firm had revenue of C$139.67 million for the quarter.

Goodfellow Cuts Dividend

The company also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, November 6th. Shareholders of record on Wednesday, October 23rd were issued a dividend of $0.25 per share. The ex-dividend date was Wednesday, October 23rd. This represents a yield of 1.76%. Goodfellow's dividend payout ratio is currently 32.47%.

About Goodfellow

(Get Free Report)

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.

Featured Articles

Should you invest $1,000 in Goodfellow right now?

Before you consider Goodfellow, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Goodfellow wasn't on the list.

While Goodfellow currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Elon Musk's Next Move Cover

Wondering when you'll finally be able to invest in SpaceX, StarLink, or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines