GreenFirst Forest Products (TSE:GFP) Shares Down 1.2% – Here’s What Happened

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

GreenFirst Forest Products Stock Performance

The firm has a market cap of C$981.96 million, a price-to-earnings ratio of -2.13 and a beta of 1.17. The company has a debt-to-equity ratio of 33.15, a current ratio of 2.03 and a quick ratio of 1.06. The firm has a fifty day simple moving average of C$4.12 and a two-hundred day simple moving average of C$1.70.

GreenFirst Forest Products Company Profile

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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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