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

Goodfellow Inc. (TSE:GDL)’s share price hit a new 52-week low on Monday . The stock traded as low as C$13.00 and last traded at C$13.00, with a volume of 3802 shares traded. The stock had previously closed at C$13.18.

Goodfellow Stock Performance

The company has a debt-to-equity ratio of 19.35, a current ratio of 2.78 and a quick ratio of 0.99. The company has a market cap of C$112.70 million, a price-to-earnings ratio of 8.63 and a beta of 1.07. The firm has a 50 day simple moving average of C$13.84 and a 200-day simple moving average of C$14.13.

Goodfellow (TSE:GDL) last posted its earnings results on Wednesday, October 9th. The company reported C$0.68 earnings per share for the quarter. Goodfellow had a net margin of 2.56% and a return on equity of 6.61%. The firm had revenue of C$139.67 million during the quarter.

Goodfellow Cuts Dividend

The firm also recently disclosed a Semi-Annual dividend, which was paid on Wednesday, November 6th. Investors of record on Wednesday, October 23rd were issued a $0.25 dividend. This represents a dividend yield of 1.76%. The ex-dividend date of this dividend was Wednesday, October 23rd. Goodfellow’s dividend payout ratio (DPR) is currently 32.47%.

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.