GreenFirst Forest Products (TSE:GFP) Trading Down 1.5% – Time to Sell?

GreenFirst Forest Products Inc. (TSE:GFP) was down 1.5% on Tuesday . The company traded as low as C$4.25 and last traded at C$4.45. Approximately 3,700 shares changed hands during trading, a decline of 40% from the average daily volume of 6,184 shares. The stock had previously closed at C$4.52.

GreenFirst Forest Products Stock Down 1.5 %

The company has a debt-to-equity ratio of 24.73, a quick ratio of 1.06 and a current ratio of 1.23. The company has a fifty day simple moving average of C$5.09 and a two-hundred day simple moving average of C$3.99. The firm has a market capitalization of C$100.58 million, a PE ratio of -2.00 and a beta of 1.17.

Insider Buying and Selling

In other GreenFirst Forest Products news, Director Michael Clark Mitchell acquired 10,000 shares of the company’s stock in a transaction dated Thursday, December 5th. The shares were purchased at an average cost of C$5.54 per share, for a total transaction of C$55,413.00. 32.02% of the stock is owned by insiders.

GreenFirst Forest Products Company Profile

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.