GreenFirst Forest Products (TSE:GFP) Stock Price Down 1.7% - Should You Sell?

Key Points

• GreenFirst Forest Products Inc. (TSE:GFP) experienced a 1.7% decline in stock price, trading at C$2.85, amid notably reduced trading volume.
• The company's debt-to-equity ratio stands at 24.73, and it has a market capitalization of C$64.42 million, indicating potential financial challenges.
• GreenFirst operates as a sustainable forest management and lumber production company in Canada, with approximately 7 sawmills and 1 paper mill across Ontario and Quebec.

GreenFirst Forest Products Inc. (TSE:GFP - ) shares fell 1.7% on Monday . The stock traded as low as C$2.85 and last traded at C$2.85. 1,150 shares changed hands during trading, a decline of 70% from the average session volume of 3,843 shares. The stock had previously closed at C$2.90.

GreenFirst Forest Products Stock Down 1.7%

The company has a debt-to-equity ratio of 24.73, a current ratio of 1.23 and a quick ratio of 1.06. The company's 50-day moving average is C$3.28 and its two-hundred day moving average is C$3.77. The company has a market cap of C$64.42 million, a P/E ratio of -1.28 and a beta of 1.17.

About GreenFirst Forest Products

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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