Goodfellow (TSE:GDL) Reaches New 52-Week Low – Should You Sell?

Goodfellow Inc. (TSE:GDL)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as C$12.00 and last traded at C$12.34, with a volume of 200 shares changing hands. The stock had previously closed at C$12.16.

Goodfellow Trading Up 1.5 %

The company has a market capitalization of C$104.64 million, a price-to-earnings ratio of 8.01 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. The company’s fifty day simple moving average is C$13.43 and its two-hundred day simple moving average is C$13.96.

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

Goodfellow Company Profile

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.