Free Trial

Goodfellow (TSE:GDL) Share Price Passes Below 50-Day Moving Average - Here's Why

Goodfellow logo with Basic Materials background

Goodfellow Inc. (TSE:GDL - Get Free Report)'s share price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$13.10 and traded as low as C$12.05. Goodfellow shares last traded at C$12.12, with a volume of 2,710 shares.

Goodfellow Price Performance

The firm has a market capitalization of C$102.78 million, a P/E ratio of 7.87 and a beta of 1.07. The company has a fifty day moving average of C$13.10 and a 200 day moving average of C$13.80. The company has a debt-to-equity ratio of 19.35, a current ratio of 2.78 and a quick ratio of 0.99.

Goodfellow Company Profile

(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.

Read More

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

2025 Gold Forecast: A Perfect Storm for Demand Cover

Unlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions.

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

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines