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GreenFirst Forest Products (TSE:GFP) Reaches New 52-Week Low - Here's Why

GreenFirst Forest Products logo with Basic Materials background

Key Points

  • GreenFirst Forest Products shares reached a new 52-week low, trading as low as C$2.71, closing at C$2.57 amid a trading volume of 1,400 shares.
  • The company has a market capitalization of C$56.51 million and a price-to-earnings ratio of -1.76, indicating potential financial struggles.
  • GreenFirst operates in sustainable forest management and lumber production with seven sawmills and one paper mill located across Ontario and Quebec.
  • Interested in GreenFirst Forest Products? Here are five stocks we like better.

Shares of GreenFirst Forest Products Inc. (TSE:GFP - Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as C$2.71 and last traded at C$2.57, with a volume of 1400 shares trading hands. The stock had previously closed at C$2.74.

GreenFirst Forest Products Stock Performance

The firm has a market cap of C$56.51 million, a price-to-earnings ratio of -1.76 and a beta of 1.00. The stock has a 50 day moving average of C$2.95 and a 200 day moving average of C$3.49. The company has a quick ratio of 1.06, a current ratio of 1.23 and a debt-to-equity ratio of 24.73.

About GreenFirst Forest Products

(Get Free Report)

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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