GreenFirst Forest Products (TSE:GFP) Trading Down 13.6%

GreenFirst Forest Products Inc. (TSE:GFP - Get Free Report)'s share price fell 13.6% on Friday . The company traded as low as C$0.51 and last traded at C$0.51. 98,738 shares were traded during mid-day trading, an increase of 149% from the average session volume of 39,708 shares. The stock had previously closed at C$0.59.

GreenFirst Forest Products Stock Performance

The company has a debt-to-equity ratio of 13.84, a quick ratio of 1.06 and a current ratio of 1.98. The firm's 50 day moving average price is C$0.73 and its 200-day moving average price is C$0.84. The firm has a market capitalization of C$92.34 million, a PE ratio of -1.93 and a beta of 0.76.

GreenFirst Forest Products (TSE:GFP - Get Free Report) last issued its quarterly earnings data on Thursday, March 14th. The company reported C($0.12) EPS for the quarter. The business had revenue of C$103.17 million during the quarter. GreenFirst Forest Products had a negative net margin of 11.48% and a negative return on equity of 23.82%. On average, research analysts expect that GreenFirst Forest Products Inc. will post 0.05 EPS for the current year.

Insider Activity

In other GreenFirst Forest Products news, Director Michael Clark Mitchell purchased 190,000 shares of the firm's stock in a transaction dated Tuesday, March 19th. The shares were purchased at an average cost of C$0.57 per share, with a total value of C$108,300.00. Company insiders own 32.02% of the company's stock.

GreenFirst Forest Products Company Profile

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.