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GreenFirst Forest Products (TSE:GFP) Trading Up 0.4% - Here's Why

GreenFirst Forest Products logo with Basic Materials background

GreenFirst Forest Products Inc. (TSE:GFP - Get Free Report)'s share price traded up 0.4% during mid-day trading on Friday . The stock traded as high as C$5.55 and last traded at C$5.53. 13,403 shares changed hands during mid-day trading, an increase of 79% from the average session volume of 7,469 shares. The stock had previously closed at C$5.51.

GreenFirst Forest Products Trading Up 0.4 %

The firm has a market cap of C$981.96 million, a P/E ratio of -2.13 and a beta of 1.17. The stock has a fifty day simple moving average of C$5.54 and a 200 day simple moving average of C$2.98. The company has a debt-to-equity ratio of 33.15, a quick ratio of 1.06 and a current ratio of 2.03.

Insider Activity at GreenFirst Forest Products

In other news, Director Michael Clark Mitchell bought 10,000 shares of the company's stock in a transaction on Thursday, December 5th. The shares were acquired at an average cost of C$5.54 per share, with a total value of C$55,413.00. 32.02% of the stock is owned by insiders.

About GreenFirst Forest Products

(Get Free Report)

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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