GreenFirst Forest Products Inc. (TSE:GFP - Get Free Report)'s stock price dropped 2.5% during trading on Thursday . The company traded as low as C$5.44 and last traded at C$5.44. Approximately 1,400 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 9,383 shares. The stock had previously closed at C$5.58.
GreenFirst Forest Products Price Performance
The company has a current ratio of 2.03, a quick ratio of 1.06 and a debt-to-equity ratio of 33.15. The firm's 50-day moving average price is C$6.04 and its 200-day moving average price is C$2.43. The stock has a market capitalization of C$955.33 million, a PE ratio of -2.07 and a beta of 1.17.
Insider Buying and Selling at GreenFirst Forest Products
In other news, Director Michael Clark Mitchell bought 10,000 shares of the stock in a transaction dated Thursday, December 5th. The stock was purchased at an average price of C$5.54 per share, for a total transaction of C$55,413.00. Company insiders own 32.02% of the company's stock.
GreenFirst Forest Products Company Profile
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GreenFirst Forest Products Inc engages in the manufacture and sale of forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets.
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