GFL Environmental (TSE:GFL) Hits New 12-Month High – What’s Next?

GFL Environmental Inc. (TSE:GFL)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as C$69.64 and last traded at C$69.55, with a volume of 70475 shares traded. The stock had previously closed at C$66.83.

Analyst Ratings Changes

Separately, Citigroup upgraded GFL Environmental to a “strong-buy” rating in a research report on Monday, January 27th.

GFL Environmental Stock Up 3.8 %

The company has a current ratio of 0.58, a quick ratio of 0.57 and a debt-to-equity ratio of 147.75. The business’s fifty day moving average price is C$64.35 and its 200 day moving average price is C$61.35. The company has a market capitalization of C$26.77 billion, a P/E ratio of -45.53, a P/E/G ratio of -0.76 and a beta of 1.03.

GFL Environmental Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Friday, January 31st were paid a dividend of $0.014 per share. This represents a $0.06 dividend on an annualized basis and a yield of 0.08%. The ex-dividend date was Monday, January 13th. GFL Environmental’s dividend payout ratio is -5.25%.

GFL Environmental Company Profile

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.