Goodfellow (TSE:GDL) Shares Down 1.6% - Here's What Happened

Key Points

• Goodfellow Inc.'s shares fell 1.6% to C$11.37, with trading volume down 45% from its average.
• The company has a market capitalization of C$95.27 million and a price-to-earnings ratio of 11.48.
• Goodfellow operates in the wholesale distribution of building materials and flooring products across Canada, the United States, and internationally.

Goodfellow Inc. (TSE:GDL - ) dropped 1.6% during mid-day trading on Tuesday . The company traded as low as C$11.34 and last traded at C$11.37. Approximately 1,805 shares were traded during mid-day trading, a decline of 45% from the average daily volume of 3,276 shares. The stock had previously closed at C$11.56.

Goodfellow Stock Performance

The company has a market capitalization of C$95.27 million, a price-to-earnings ratio of 11.48 and a beta of 0.36. The stock has a 50 day simple moving average of C$11.47 and a 200 day simple moving average of C$11.83. The company has a quick ratio of 0.99, a current ratio of 2.78 and a debt-to-equity ratio of 19.35.

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.

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