GreenFirst Forest Products (TSE:GFP) Stock Price Down 1.2% – Time to Sell?

GreenFirst Forest Products Inc. (TSE:GFPGet Free Report) traded down 1.2% during trading on Wednesday . The company traded as low as C$5.33 and last traded at C$5.53. 9,000 shares were traded during mid-day trading, an increase of 9% from the average session volume of 8,261 shares. The stock had previously closed at C$5.60.

GreenFirst Forest Products Price Performance

The company has a quick ratio of 1.06, a current ratio of 2.03 and a debt-to-equity ratio of 33.15. The business’s 50 day moving average is C$4.22 and its two-hundred day moving average is C$1.73. The firm has a market cap of C$981.96 million, a P/E ratio of -2.13 and a beta of 1.17.

About GreenFirst Forest Products

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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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