Goodfellow (TSE:GDL) Stock Crosses Below 50 Day Moving Average – What’s Next?

Goodfellow Inc. (TSE:GDLGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 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 Stock Up 0.2 %

The company 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 current ratio of 2.78, a quick ratio of 0.99 and a debt-to-equity ratio of 19.35. The stock’s fifty day moving average is C$13.10 and its 200 day moving average is C$13.80.

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.

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