Goodfellow (TSE:GDL) Stock Passes Below Two Hundred Day Moving Average – Here’s Why

Shares of Goodfellow Inc. (TSE:GDLGet Free Report) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$13.67 and traded as low as C$12.12. Goodfellow shares last traded at C$12.25, with a volume of 800 shares trading hands.

Goodfellow Trading Up 2.6 %

The company has a current ratio of 2.78, a quick ratio of 0.99 and a debt-to-equity ratio of 19.35. The business has a 50 day moving average of C$12.72 and a 200-day moving average of C$13.67. The stock has a market cap of C$103.88 million, a PE ratio of 7.95 and a beta of 1.07.

Goodfellow Company Profile

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Goodfellow Inc engages in the wholesale distribution of building materials, and floor coverings in Canada, the United States, and internationally. It is also involved in the remanufacturing and distribution of lumber and wood products. The company's decking products include accessories, composite, framing, and wood products for outdoor spaces; and flooring products, such as comfort core, engineered wood, hardwood, laminates, sub-floors and accessories, planks and tiles, and stone product composite.

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