Goodfellow (TSE:GDL) Hits New 12-Month Low – Time to Sell?

Goodfellow Inc. (TSE:GDL) shares reached a new 52-week low on Thursday . The company traded as low as C$11.13 and last traded at C$11.13, with a volume of 5181 shares. The stock had previously closed at C$11.45.

Goodfellow Price Performance

The business has a 50-day simple moving average of C$12.08 and a two-hundred day simple moving average of C$13.31. The stock has a market capitalization of C$95.63 million, a price-to-earnings ratio of 7.36 and a beta of 1.07. The company has a quick ratio of 0.99, a current ratio of 2.78 and a debt-to-equity ratio of 19.35.

Goodfellow Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 19th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a dividend yield of 2.06%. Goodfellow’s dividend payout ratio (DPR) is presently 32.45%.

Goodfellow Company Profile

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.