GreenFirst Forest Products (TSE:GFP) Hits New 52-Week Low - What's Next?

Key Points

• GreenFirst Forest Products Inc. shares hit a new 52-week low at C$2.35, with a last trading price of C$2.38 and a volume of 18,435 shares.
• The company has a debt-to-equity ratio of 24.73 and a market cap of C$54.70 million, indicating financial challenges despite a recent stock increase of 0.8%.
• GreenFirst Forest Products operates around 7 sawmills and 1 paper mill in Canada, focusing on sustainable forest management and serving various construction markets.

Shares of GreenFirst Forest Products Inc. (TSE:GFP - ) reached a new 52-week low on Friday . The company traded as low as C$2.35 and last traded at C$2.38, with a volume of 18435 shares trading hands. The stock had previously closed at C$2.40.

GreenFirst Forest Products Stock Up 0.8%

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 stock has a market cap of C$54.70 million, a P/E ratio of -1.70 and a beta of 1.00. The firm's 50-day moving average is C$2.86 and its two-hundred day moving average is C$3.41.

GreenFirst Forest Products Company Profile

GreenFirst Forest Products Inc is a forest-first business, focused on sustainable forest management and lumber production. GreenFirst is a Canadian managed company with around 7 sawmills and 1 paper mill located across Ontario and Quebec. It serves residential and commercial construction markets as well as the industrial market.

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