GFL Environmental Inc. (TSE:GFL) Director Patrick Joseph Dovigi Sells 50,000 Shares

GFL Environmental Inc. (TSE:GFL - Get Free Report) Director Patrick Joseph Dovigi sold 50,000 shares of the stock in a transaction that occurred on Friday, May 23rd. The stock was sold at an average price of C$67.33, for a total transaction of C$3,366,610.60.

Patrick Joseph Dovigi also recently made the following trade(s):

• On Friday, May 9th, Patrick Joseph Dovigi sold 250,000 shares of GFL Environmental stock. The stock was sold at an average price of C$68.50, for a total value of C$17,125,500.00.

GFL Environmental Trading Down 1.1%

TSE GFL traded down C$0.75 during trading hours on Thursday, hitting C$68.05. 55,269 shares of the company were exchanged, compared to its average volume of 331,525. GFL Environmental Inc. has a 52 week low of C$41.90 and a 52 week high of C$71.82. The company has a quick ratio of 0.57, a current ratio of 0.58 and a debt-to-equity ratio of 147.75. The stock has a 50-day moving average price of C$67.83 and a 200 day moving average price of C$65.60. The stock has a market cap of C$26.26 billion, a PE ratio of -44.66, a price-to-earnings-growth ratio of -0.76 and a beta of 1.03.

GFL Environmental Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 30th were paid a dividend of $0.0154 per share. This represents a $0.06 annualized dividend and a yield of 0.09%. This is a positive change from GFL Environmental's previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Monday, April 14th. GFL Environmental's payout ratio is presently -5.25%.

Analyst Ratings Changes

GFL has been the topic of several research analyst reports. National Bank Financial raised shares of GFL Environmental to a "strong-buy" rating in a report on Monday. Seaport Res Ptn upgraded shares of GFL Environmental to a "strong-buy" rating in a research note on Tuesday, May 6th. One equities research analyst has rated the stock with a hold rating and four have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Strong Buy".

GFL Environmental Company Profile

GFL Environmental Inc is an environmental services company. Its offerings include non-hazardous solid waste management, infrastructure, soil remediation, and liquid waste management services. Its solid waste management business line, which generates the majority of the revenue, consists of the collection, transportation, transfer, recycling, and disposal of non-hazardous solid waste.