GFL Environmental Inc. (TSE:GFL - Get Free Report) shares traded down 0.7% during mid-day trading on Thursday . The company traded as low as C$67.55 and last traded at C$67.76. 80,713 shares were traded during trading, a decline of 76% from the average session volume of 341,526 shares. The stock had previously closed at C$68.26.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the company. National Bank Financial upgraded GFL Environmental to a "strong-buy" rating in a research report on Monday, May 26th. Seaport Res Ptn upgraded GFL Environmental to a "strong-buy" rating in a research report on Tuesday, May 6th. One analyst has rated the stock with a hold rating and four have assigned a strong buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Strong Buy".
Check Out Our Latest Stock Analysis on GFL
GFL Environmental Stock Down 0.7%
The stock has a 50-day moving average price of C$68.23 and a 200-day moving average price of C$66.08. The company has a market capitalization of C$26.15 billion, a P/E ratio of -44.47, a P/E/G ratio of -0.76 and a beta of 1.03. The company has a debt-to-equity ratio of 147.75, a current ratio of 0.58 and a quick ratio of 0.57.
GFL Environmental Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 30th were paid a dividend of $0.0154 per share. The ex-dividend date was Monday, April 14th. This represents a $0.06 annualized dividend and a yield of 0.09%. This is a boost from GFL Environmental's previous quarterly dividend of $0.01. GFL Environmental's dividend payout ratio (DPR) is currently -5.25%.
Insider Buying and Selling
In related news, Director Patrick Joseph Dovigi sold 50,000 shares of the firm's stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of C$67.33, for a total transaction of C$3,366,610.60. 2.96% of the stock is currently owned by insiders.
About GFL Environmental
(
Get Free Report)
GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste.
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