Goodfellow (TSE:GDL) Sets New 12-Month Low – Here’s What Happened

Goodfellow Inc. (TSE:GDL)’s stock price reached a new 52-week low on Friday . The stock traded as low as C$10.41 and last traded at C$10.86, with a volume of 30434 shares. The stock had previously closed at C$11.71.

Goodfellow Price Performance

The company has a 50 day moving average price of C$11.83 and a 200-day moving average price of C$12.91. The company has a market cap of C$92.34 million, a price-to-earnings ratio of 7.11 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 firm also recently declared a dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 19th were given a $0.25 dividend. This represents a yield of 2.06%. The ex-dividend date of this dividend was Wednesday, March 5th. Goodfellow’s dividend payout ratio (DPR) is currently 32.45%.

About Goodfellow

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.