Goodfellow (TSE:GDL) Shares Up 1% - Here's What Happened

Key Points

• Goodfellow Inc. (TSE:GDL) saw a 1% increase in its share price, trading at C$11.21 after reaching a high of C$11.30 during the session.
• The company has a market cap of C$94.53 million, a P/E ratio of 7.28, and a significant debt-to-equity ratio of 19.35.
• Goodfellow specializes in wholesale distribution of building materials, including lumber and various floor coverings across North America and internationally.

Goodfellow Inc. (TSE:GDL - Get Free Report)'s share price shot up 1% during trading on Friday . The stock traded as high as C$11.30 and last traded at C$11.21. 1,800 shares were traded during mid-day trading, a decline of 47% from the average session volume of 3,395 shares. The stock had previously closed at C$11.10.

Goodfellow Stock Performance

The firm has a fifty day simple moving average of C$12.08 and a 200 day simple moving average of C$11.97. The company has a current ratio of 2.78, a quick ratio of 0.99 and a debt-to-equity ratio of 19.35. The stock has a market cap of C$96.47 million, a price-to-earnings ratio of 7.42 and a beta of 1.07.

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.