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GreenFirst Forest Products (TSE:GFP) Stock Price Down 2.6% - Here's Why

GreenFirst Forest Products logo with Basic Materials background

GreenFirst Forest Products Inc. (TSE:GFP - Get Free Report) shares dropped 2.6% on Wednesday . The company traded as low as C$3.80 and last traded at C$3.80. Approximately 600 shares traded hands during trading, a decline of 85% from the average daily volume of 4,120 shares. The stock had previously closed at C$3.90.

GreenFirst Forest Products Stock Down 0.5%

The business's fifty day moving average is C$3.82 and its two-hundred day moving average is C$4.46. 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 company has a market cap of C$87.47 million, a P/E ratio of -1.74 and a beta of 1.17.

About GreenFirst Forest Products

(Get Free Report)

GreenFirst Forest Products Inc engages in the manufacture and sale of forest products in Canada, and the United States. It operates in two segments, Forest Products and Paper Products. The Forest Products segment manufactures and markets a range of spruce-pine-fir lumber, wood chips, and other by-products for use in residential and multi-family homes, light industrial and commercial facilities, and the home repair and remodel markets.

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